Hong Kong media: A mainland businessman was illegally detained and extorted, losing cryptocurrency and silver worth over HK$6 million.

PANews reported on March 8 that, according to Hong Kong's TVB News, a mainland businessman reported being illegally detained and extorted, losing cryptocurrency and silver worth over HK$6 million. Police stated that the 25-year-old businessman was at a hotel in Hung Hom yesterday to discuss a silver business deal when he was assaulted by four mainland men. They forced him to provide his cryptocurrency password, after which they transferred US$680,000 worth of cryptocurrency from him. The men then went to his company and retrieved 42 kilograms of silver.

The victim was released early this morning and reported the incident to the police. When the police arrived at the hotel, the four mainland men had already left. The victim sustained injuries to his face, arms, and calves. The case has been classified as unlawful imprisonment and extortion, and the Kowloon City Police District Crime Squad has taken over the investigation.