Share this article

Bitcoin Exchange Hit By Armed Robbers in Thwarted Theft

Canadian police are looking for two armed robbery suspects, having arrested one after an attempted heist at cryptocurrency exchange Canadian Bitcoins.

Updated Sep 13, 2021, 7:29 a.m. Published Jan 24, 2018, 11:00 p.m.
Gun

Ottawa police are seeking two suspects after an attempted armed robbery at a cryptocurrency exchange.

Three people entered the offices of Canadian Bitcoins in Ottawa carrying handguns and restrained four employees on Tuesday morning, according to CBC News. At that point, they attempted to compel one of the employees to make an outbound transaction from the exchange. A fifth employee called police before any assets could be taken, police told the news service.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

One suspect has been arrested and charged, according to police. The charges include robbery with a firearm and forcible confinement.

The names of the suspects were not released.

CBC News reported in a Facebook post that the suspects were looking for physical cash, but other armed robberies have successfully made off with cryptocurrency wallets.

The New York District Attorney's Office filed armed robbery and kidnapping charges against New Jersey native Louis Meza after he allegedly stole more than $1.8 million of ether last November. In the filing, the DA's office claimed Meza held his victim at gunpoint, forcing him to turn over a cell phone and private keys, which he used to access the victim's digital wallet.

Ottawa police image via jiawangkun / Shutterstock

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Crypto prices again muted as gold surges to new record, U.S. stocks advance

Gold outperforms bitcoin

Bitcoin for the moment was unable to hold the $90,000 level reached prior to the U.S. market open.

What to know:

  • Crypto prices are slipping a little during the U.S. trading session as precious metals and stocks move higher.
  • The AI trade remains strong, with bitcoin miners who have pivoted business models moving sharply higher.
  • Both gold and silver hit new records Monday and one analyst said bitcoin can't rally until those metals cool.