NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Old School Thieves Steal Bitcoin at Gunpoint from NYC Man

Gautham
Gautham
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Stealing Bitcoin is not confined to computers and hacking anymore. There are some people who would like to do it in the old school fashion. Until now we have been hearing about exchanges and wallets being hacked, or some cybercriminals using ransomware to demand Bitcoin, but now we can add robbing at gunpoint as another effective way of stealing Bitcoin.

A man in New York City was relieved of his Bitcoin worth $1100 sometime in the last month. The robbery victim was allegedly trying to sell Bitcoin when this incident happened. In what is now being called a street-cybercrime, the victim – a 28 year old man was responding to a response to his ad on Craigslist offering to sell Bitcoin. He went to meet the potential buyer of Bitcoin near Crown Heights in Brooklyn. The incident is said to have occurred on May 27 at around 11:30 AM.

The victim was allegedly led to a car by the purported buyer in order to complete the transaction. Once the victim entered the car, he was held at gunpoint by another person who was already in the back seat, forcing him to transfer $1100 worth in Bitcoin to the wallet. Upon finishing the transaction, the thieves took away his mobile phone and let him go while they sped away in his vehicle.

READ MORE: Hackers Demand Bitcoin Payments in Queensland Attack

Apparently, this isn’t the first time someone was robbed of their Bitcoin. There have been a few similar incidents in the past. In another case, Dean Katz, a Bitcoin dealer was robbed sometime in January. Similar to the recent case, Dean had gone to meet the buyer in the Queens Area where he was robbed of $12000 in Bitcoin and cash ($8500 in Bitcoin and $3500 cash) at gunpoint.

These incidents should serve as a warning for people who want to physically trade Bitcoin with strangers. Bitcoin exchanges as trading platforms are the safest bet to buy or sell Bitcoin

Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Comments 2

  1. Jean-Mouloud says:
    10 years ago

    How long until the mainstream media report yet another Bitcoin failure? ^^

    Reply
  2. Wormy says:
    10 years ago

    Hey Stranger, lets exchange currencies in the back seat of my car in an empty parking lot. It’ll be fun.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. Jean-Mouloud says:
    10 years ago

    How long until the mainstream media report yet another Bitcoin failure? ^^

    Reply
  2. Wormy says:
    10 years ago

    Hey Stranger, lets exchange currencies in the back seat of my car in an empty parking lot. It’ll be fun.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Network Activity Hits New 2025 Peak — What This Means For Price

The price of Bitcoin has had a mixed performance over the past week, falling beneath the $115,000 mark at the...

Opeyemi Sule 7 hours ago
Bitcoin

Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?

The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to...

Scott Matherson 9 hours ago
Bitcoin

Bitcoin Is ‘Digital Capital’ That Outpaces Traditional Assets—Michael Saylor

Strategy’s long-running bet on Bitcoin remains at the heart of the debate over the asset’s place in finance. Based on...

Christian Encila 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Tests Weekly Open As $113,300 Fair Value Gap Looms — What It Means

Semilore Faleti 48 minutes ago
Chainlink

Chainlink Bulls Eye $30 Target But Must First Overcome Crucial Resistance

Semilore Faleti 3 hours ago
Litecoin

Litecoin Price Compresses In Tight Falling Wedge, Breakout Ahead?

Godspower Owie 6 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    14 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    16 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    16 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    16 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    16 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.