Charges Laid in Richmond Case Involving $10M in Crypto and Fake Police

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More than a year after an incident occurred in Richmond involving the impersonation of a police officer and the theft of $10 million worth of cryptocurrency, BC Prosecution Service has laid charges against 34-year-old Jin Da Xing.

The incident happened in September 2022, when suspects broke into a Richmond home armed with weapons and held a middle-aged couple captive, binding and assaulting them for several hours. During the attack, some of the suspects pretended to be police, but fled before real officers arrived. The victims sustained non-life-threatening injuries.

Upon completion of an extensive investigation conducted by the National Crypto Currency Support Unit and the Richmond RCMP’s Serious Crime Unit, an arrest was made and 11 charges were approved against the suspect, ranging from breaking, unlawful confinement, and assault with a weapon. Jin Da Xing is currently in custody awaiting trial.

Chief Superintendent Dave Chauhan praised the investigative team for their hard work in recovering the bulk of the stolen cryptocurrency and providing support to the victims.

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