Hong Kong Police Arrest 15 in $6.4M Daylight Crypto Heist
Hong Kong police have arrested 15 people linked to a brazen daytime robbery that took roughly 1 billion yen (about $6.4 million) in cash from employees of a Japanese cryptocurrency firm. The incident unfolded in public and has drawn swift law-enforcement attention; officials say the stolen funds have not yet been recovered and investigations are continuing.
The case underscores growing concerns about physical security and cash handling connected to crypto businesses, highlighting risks beyond online hacks. Regulators and industry groups may press firms to review employee safety, custody practices and insurance arrangements as authorities pursue suspects and any possible cross‑border connections. Police provided few details about charges, and the outcome of the recovery effort will be closely watched by the crypto community and institutional partners.