Bitcoin buyer robbed of RM1mil in cash

Suspicious stash: Law (left) and Inspector Ang Wee Kiat, 38, looking at the seized cash. — The Straits Times/Asia News Network

SINGAPORE: A Malaysian, who arranged to meet a prospective Bitcoin seller to buy the digital currency, was instead robbed of S$365,000 (RM1.08mil) in cash.

Pang Joon Hau, who is believed to be in his 20s, had gone to Singapore on April 8 to buy Bitcoin and contacted a Singaporean broker.