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Three Pakistani Men Who Took Part in Bitcoin Robbery Have Been Arrested in Dubai
Each of the three Pakistani men who took part in the ‘Bitcoin robbery’ has been sentenced to one year in prison, The National reports. They will be deported from the UAE shortly after serving their term. Last year, a group of bad actors lured four Chinese investors into their apartment in Al Rafaa, Dubai, with the help of a social media post that offered Bitcoin. They proved to the businessmen that they indeed owned Bitcoin. In the interim, a gang, whose members impersonated police officers, raided the apartment and tied up the clients while stealing AED800,000 ($217,796) along with the victims’ phones. The ... (full story)