Gate News reports that on March 8th, a 25-year-old mainland businessman reported being illegally detained and extorted by four mainland men at a hotel in Hung Hom, Hong Kong. The suspects assaulted the victim and forced him to provide his cryptocurrency password, then transferred approximately $680,000 worth of cryptocurrency. The suspects later went to the victim’s company to take about 42 kilograms of silver goods, with total losses exceeding HKD 6 million. The victim was released in the early morning and reported the case, suffering injuries to his face, arms, and calves. The case is currently classified as illegal detention and extortion, under investigation by the Kowloon City Criminal Investigation Department.
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