• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Price & Market
Cap Data from
Nomics Logo Nomics Logo
Bitcoinist.com
Join Student Coin ICO
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
Bitcoinist.com
No Result
View All Result
Bitcoin Burglars on the Run After Mayfair Store Robbery
Nexo

Ottawa Police Hunting for Armed Bitcoin Robbery Suspects

Jeff Francis by Jeff Francis
3 years ago
in Bitcoin, Bitcoin Businesses, News, News teaser
0

Police in Ottawa, Canada, are on the manhunt for armed Bitcoin robbery suspects who staged an attempted daylight robbery of a Bitcoin financial business.


The world of crypto can become a dangerous place at times. This usually occurs when someone ventures out to personally buy bitcoins from an buyer they do not know, all the while carrying quite a bit of cash. Yet even a cryptocurrency business is not a safe guarantee, as was evident by Ukrainian police seizing crypto assets from the Forklog founder recently. The latest incident of a Bitcoin robbery took place in Ottawa, Canada, where armed men tried to rob a Bitcoin business.

Breaking: 1st video of what looks like a large @ottawapolice response to a commercial robbery on Colonnade Rd. Suspect believed to be in area. Video courtesy Jessa Hoffman pic.twitter.com/tQmc7N5925

— Judy Trinh (@JudyTrinhCBC) January 23, 2018

Gunning for Bitcoin

On January 23rd, three men entered a Bitcoin financial business located in an industrial park in Ottawa at around 11am. (So far, the business has not been named in media reports.) All three men were armed with handguns.

The robbers took control of four employees that worked at the business and bound them. One of the bound employees was hit in the head with a pistol during the ordeal. (The employee later required some medical attention at the hospital.) A fifth employee was not detected by the criminals, and he was able to contact the police.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Armed Hosers on the Loose

The criminals then fled the business empty-handed. Police noted that one of the Bitcoin robbery suspects fled into a nearby ravine. They were then able to track him down and arrest him. The suspect has been identified as 19-year-old Jimmy St-Hilaire. He’s been charged with the following crimes:

  • Five (5) counts of robbery with a firearm
  • Five (5) counts of point a firearm
  • Five (5) counts of forcible confinement
  • Wear disguise
  • Conspiracy to Commit and indictable offence
  • Carry concealed weapon
  • Possess firearm while prohibited
  • Possess weapon for committing an offence
  • Possess loaded regulated firearm

Ottawa Police Sgt Fernando Viera says they’re searching for a gun following yesterday’s robbery at a Bitcoin operation pic.twitter.com/hxIooG2q2N

— Judy Trinh (@JudyTrinhCBC) January 24, 2018

The other two criminals are still on the lam, and the police are putting on a massive manhunt looking for them. The Ottawa police are also looking for a person of interest who was in the business when the robbery began but who later fled the scene. People who work at other businesses within the industrial park have been shaken by the Bitcoin robbery attempt, especially as it took place during daylight hours.

One wonders what the criminals were hoping to gain from the robbery. It may be that the business had cash on hand to handle cryptocurrency buying and selling. Perhaps they were hoping to force the employees to transfer funds to a specific address. Whatever the reason for the robbery attempt, it is fortunate that the employees were not seriously hurt.

Overall, the public’s fascination with Bitcoin, along with the massive gains it made in 2017, have emboldened some criminals to physically rob or even kidnap people in order to obtain some ill-gotten gains.

Will crypto robbery attempts become an everyday occurrence? Let us know your thoughts in the comments below.


Images courtesy of Twitter/@JudyTrinhCBC and Pexels.

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Jeff Francis

Jeff Francis

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2021 Bitcoinist.com. All Rights Reserved.
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining

© 2021 Bitcoinist. 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.