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Hong Kong police arrest 3 teens, rescue 19-year-old allegedly beaten with baseball bats and detained in hotel room over crypto profits of HK$180,000

  • Insider says victim went to room at Harbour Grand Kowloon Hotel in Hung Hom to meet people and trade virtual currency, but group detained and beat him
  • Trio of teens arrested over alleged assault, unlawful detention and blackmail, with officers still hunting six others

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The Harbour Grand Kowloon Hotel in Whampoa, Hung Hom, where a teenager is alleged to have been beaten with baseball bats over cryptocurrency trading profits.  Photo: Sun Yeung
Hong Kong police arrested three teenagers and rescued a 19-year-old who was allegedly battered with baseball bats and detained in a hotel room on Tuesday, after suspects demanded HK$180,000 (US$23,000) in profits from cryptocurrency trading.

Officers were still searching for another six teenagers in connection with the case at noon after the alleged assault in a room at the Harbour Grand Kowloon Hotel on Tak Fung Street, Hung Hom just after 6am.

A source familiar with the case said the room had been used as a venue to trade virtual currencies.

“The victim was allegedly detained when he went there to meet the nine suspects – seven men and two women,” the insider said.

“The group demanded he pay HK$180,000 in profits earned from trading virtual currencies.”

He said the victim was threatened and then beaten with baseball bats by two suspects.

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