A mainland businessman was illegally detained and extorted in Hong Kong, resulting in losses of over HKD 6 million in cryptocurrency and silver

According to TVB News, a 25-year-old mainland businessman reported being illegally detained and extorted by four mainland men at a hotel in Hung Hom, Hong Kong. The suspects assaulted the victim and forced him to provide his electronic currency password, then transferred approximately USD 680,000 worth of cryptocurrency. The suspects later went to the victim's company to take about 42 kilograms of silver products. The total loss exceeded HKD 6 million. The victim was released in the early morning and reported the case, with injuries to his face, arms, and calves. The case is currently classified as illegal detention and extortion, under investigation by the Kowloon City Criminal Investigation Department.