Bitcoin investor from Thailand robbed a jewelry store due to losses in the crypto market

Bitcoin investor from Thailand robbed a jewelry store due to losses in the crypto market

Bitcoin investor from Thailand robbed a jewelry store due to losses in the crypto market

Bangkok police arrested a suspect in a robbery of a jewelry store worth about 1.8 million baht (over $50,000) . According to Thai PBS, the man stole gold jewelry at gunpoint.  

He told police that is under great stress and in great need of money due to the fact that he recently suffered large losses from investments in bitcoin.

He was charged with armed robbery.

Earlier, the Thai police detained him in Bangkok six residents of Taiwan. According to investigators, they organized a fraudulent scheme with investments in cryptocurrency.

Read ForkLog bitcoin news in our Telegram — cryptocurrency news, rates and analytics.