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    Home»Law & Crime

    Russian arrested on Samui for allegedly stealing 1.8 million baht in Bitcoins from fellow Russian

    By Antoine SánchezMarch 17, 2024 Law & Crime 1 Min Read
    – 202201000 9VW6U7
    (FILES) In this file photo taken on July 19, 2021 this illustration photograph shows a physical banknote and coin imitations of the Bitcoin crypto currency, in Istanbul. - Bitcoin slid below $40,000 on January 10, 2022, falling to its lowest level since the end of September as the world's leading cryptocurrency showed no end to its volatility. Bitcoin dropped to $39,663.18, having soared to a record high of over $66,000 in October. (Photo by Ozan KOSE / AFP)
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    Thai police have detained a Russian citizen on Samui Island for allegedly stealing 1.8 million baht worth of Bitcoins from another Russian.

    According to Samui police, the suspect is suspected of being part of a Russian gang that targets Russian citizens involved in Bitcoin investments.

    The victim, known as Yevgini, reported to Samui police on Friday that he had been robbed by six Russians while having coffee with his wife at a shop in Taling Ngam sub-district.

    Yevgini stated that four Russians arrived at the coffee shop in a black van and were later joined by two others on a motorcycle. He alleged that they threatened to harm him unless he transferred his Bitcoins, valued at about 112 million baht, to them.

    The victim stated that he only had 1.8 million baht in Bitcoin and, fearing for his safety, he agreed to transfer that amount to them.

    According to police, the gang learned about the victim’s Bitcoin holdings by monitoring the activities of Russian Bitcoin investors and their visits to Thailand.

    Another suspect has already been extradited from Kazakhstan and is in custody of Samui police due to an arrest warrant issued by the Samui provincial court in October 2022.

    Bitcoin Russian Samui Island Thailand Thailand News
    Antoine Sánchez

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