Apparently a Goon in India made this Bitcoin Trader transfer all his Bitcoins from his Account to the Goons Account on Gunpoint... :O
Bunty, a notorious criminal who has cancer and is reportedly mentally unstable, was arrested on Wednesday on the charge of looting Bitcoins worth about Rs 25 lakh from a local businessman at gunpoint. The crime was committed on April 6.
A few months ago, however, he decided to commit a crime of a different kind — he decided to rob Bitcoins from a local trader.
On the evening of April 6, Bunty requested Nishad to explain the concept of Bitcoins to him. The unsuspecting businessman went over to Bunty’s home, and was showing him how Bitcoin trading works on his smartphone when Bunty grabbed his phone.
Bunty bragged to Nishad that he has a long list of cases against him, including murder charges, and the police wouldn’t be able to do anything.
(His intent was wrong. He pointed a gun at me and asked me to transfer my Bitcoins to his account or he would shoot me.)
Nishad told FactorDaily that Bunty showed him video clips of him beating up, stripping and assaulting people and intimidated him into sharing the password of his Bitcoin account. Bunty bragged to Nishad that he has a long list of cases against him, including murder charges, and the police wouldn’t be able to do anything.
Fearing for his life, Nishad acquiesced to his demands and transferred all his Bitcoins to Bunty’s account. Nishad had earlier told Bunty that his mother too has a Bitcoin account, and Bunty got him to call his mother and get her password as well, so he could transfer the Bitcoins from her account to his.