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Armed Robbery Disrupts Cryptocurrency Transaction in Trinidad
Armed Robbery Disrupts Cryptocurrency Transaction in Trinidad
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BTCCSquare news:
Two men conducting a cryptocurrency exchange in a Trincity car park were ambushed by armed assailants, resulting in the theft of $85,000. The victim, a 52-year-old trader, had arranged the meet to purchase digital assets from a Belmont-based counterpart—a business relationship spanning two years. The transaction turned violent when hooded gunmen intercepted the cash handoff near a pharmacy on Trincity Central Road.
Such 'crypto wrench attacks'—physical robberies targeting peer-to-peer traders—are rising globally as regulatory gaps persist. The assailants escaped with the funds, leaving both parties unharmed but underscoring the risks of unsecured OTC deals. Local authorities are investigating.
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