Israeli Tourists Robbed of $700K in Bitcoin by Armed Gang in Costa Rica

A group of Israeli tourists lost $700,000 in Bitcoin during a beach robbery in Costa Rica. The armed gang, suspected to have police training, forcibly restrained the victims and demanded a transfer of funds. This incident highlights the growing threat of crypto-related crime.

In a chilling reminder of the growing risks associated with cryptocurrency, a group of Israeli tourists was robbed of approximately $700,000 in Bitcoin on the beach of Santa Teresa de Cóbano, Puntarenas, Costa Rica. The robbery, which took place late on August 7, 2024, involved at least eight armed individuals who arrived in two high-end vehicles.

The tourists, eleven Israeli nationals, were attending a social event when they were confronted by the gang. According to reports by the Spanish news outlet Teletika, the attackers exhibited behaviors suggesting formal police training, raising concerns about the sophisticated planning behind the crime.

Security camera footage revealed that several of the attackers were dressed in what appeared to be police uniforms. They forcefully restrained and gagged the victims, demanding that they transfer around 11 Bitcoin (approximately $700,000) from their digital wallets. The exact method by which the criminals obtained the necessary information to access the victims’ cryptocurrency is still under investigation. Authorities suspect that the gang may have had inside knowledge of the victims’ financial activities.

The Judicial Investigation Agency (OIJ) of Costa Rica is leading the investigation, with concerns mounting over the increasing number of such targeted attacks on cryptocurrency holders. This incident adds to a disturbing global trend of crypto-related crimes.

Last month, a 29-year-old foreign national in Kiev, Ukraine, was abducted and forced to transfer Bitcoin worth $170,000 before being murdered. The case drew significant attention after reports suggested that members of the Ukrainian National Guard were involved in the crime.

In a separate case in the United States, a 23-year-old woman from Salt Lake City, Utah, was implicated in a contract-killing scheme, using Bitcoin to pay for the crime via a darknet site. This case followed another similar incident in California, where a woman attempted to arrange the murder of her ex-husband using cryptocurrency.

These incidents reflect the growing vulnerability of cryptocurrency holders to violent crime, as criminals increasingly target digital assets that are difficult to trace and recover.

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