Hong Kong Crime Stoppers Warn About Bitcoin

August 1, 2014 | Peter Yeh

Hong Kong’s version of America’s Most Wanted has a Bitcoin episode. They’re trying to be balanced and realistic. Within two minutes of the dramatization, some unfortunate denizen’s bitcoins have been stolen and “transferred to Columbia.” Hong Kong’s Finest wants to remind you that Bitcoin is highly volatile, with virtual exchanges blowing up all the time, a favorite for criminals, and an implicit threat that there are “strict reporting requirements for suspicious transactions.”