A shocking robbery unfolded in broad daylight in a Bangkok shopping mall parking lot. According to a Monday report by Khaosod, five armed assailants targeted three cryptocurrency traders who had arranged an in-person meeting to exchange cash for digital assets.
๐น Transaction Turns into a Nightmare
The victims came prepared with 3.4 million baht in cash (approximately $100,000) intending to swap it for cryptocurrency. Instead of completing the transaction, they were ambushed. The attackers, wielding guns and knives, approached the trio just as the deal was about to take place.
They seized the bag full of cash and fled the scene in a gray Honda Civic. Police are currently working to identify and track down the suspects.
๐น Growing Threat: Physical Attacks on Crypto Holders in 2025
This incident is further evidence that 2025 may become one of the most dangerous years yet for crypto holders โ not just online, but in the real world. Reports show a rising number of physical attacks on crypto investors around the globe.
In May, masked men in Paris attempted to kidnap the daughter and grandson of a French crypto executive. Earlier this year, David Balland, co-founder of the hardware wallet company Ledger, was abducted in central France before being rescued by authorities.
๐น A Clear Warning to the Crypto Community
While peer-to-peer crypto deals and in-person exchanges are becoming more common, this violent event in Bangkok underscores just how risky these meetings can be. Many investors continue to underestimate the danger of physical confrontations โ especially in countries where large, off-exchange deals are still widespread.
๐ป The crypto world may be heading toward a digital future, but old threats like physical violence are still very much part of the journey.
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