Wednesday, June 17, 2026
ADVT 
National

Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

Darpan News Desk The Canadian Press, 24 Nov, 2023 10:44 AM
  • Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

Police in Richmond, B.C., say multiple charges have been laid against a 34-year-old man allegedly involved in a September 2022 home invasion where thieves made off with $10 million in cryptocurrency. 

Richmond RCMP say the "lengthy and complex investigation" began after thieves impersonating police officers broke into a home and tied up a middle-aged couple, assaulting them and confining them for hours.

Mounties say the armed suspects made off with $10 million in unspecified cryptocurrency and luxury goods, leaving the "badly shaken up" victims with non-life-threatening injuries.

Chief Supt. Dave Chauhan with Richmond RCMP says the investigators from the force's Serious Crimes Unit and Economic Crime Unit worked on the case for more than a year, leading to the arrest of one suspect, who faces "many very serious charges." 

Mounties say the BC Prosecution Service approved 11 charges against Jin Da Xing, a 34-year-old Richmond resident, including break and enter, robbery with a weapon, unlawful confinement, assault with a weapon, use of an imitation firearm, extortion, possession of stolen property and impersonating a peace officer.

Police say Xing is in custody and awaiting trial, and his next court appearance is set for Dec. 6 in Richmond provincial court. 

 

MORE National ARTICLES

Amanda Todd's harasser returned to the Netherlands

Amanda Todd's harasser returned to the Netherlands
Canada's Justice Department says Aydin Coban was taken back to his home country on Nov. 24, where he will continue serving a nearly 11-year sentence imposed by a Dutch court in 2017 for similar crimes involving more than 30 youth.

Amanda Todd's harasser returned to the Netherlands

BoC posts first quarterly loss in its history

BoC posts first quarterly loss in its history
The Bank of Canada's aggressive interest rate hikes this year have raised the cost of interest charges it pays on settlement balances deposited in the accounts of big banks. That's while the income the central bank receives from government bonds it holds remains fixed.  

BoC posts first quarterly loss in its history

Use of plastic straws, grocery bags already down

Use of plastic straws, grocery bags already down
The Canadian government is looking to curb domestic plastic pollution by the end of the decade as negotiations toward a formal plastics management treaty begin this week in Uruguay. Canada is one of nearly three dozen countries lobbying heavily for an international agreement that would end global plastic pollution by 2040.

Use of plastic straws, grocery bags already down

Forecast predicts snowy, front-loaded winter ahead

Forecast predicts snowy, front-loaded winter ahead
But for those lamenting the season ahead, chief meteorologist Chris Scott says January and February will offer some respite from a front-loaded winter as spells of milder weather transition between Western and Eastern Canada.

Forecast predicts snowy, front-loaded winter ahead

Indo-Pacific strategy 'good news' for farmers

Indo-Pacific strategy 'good news' for farmers
While no specific targets or benchmarks are included in the strategy, and questions remain over how effectively the dollars will be spent, the heightened focus on the region is being celebrated by agriculture groups in Canada.

Indo-Pacific strategy 'good news' for farmers

Police liaison program back in Vancouver schools

Police liaison program back in Vancouver schools
A statement from the two trustees says the Vancouver police department hasn't adequately addressed the issue of racism within its ranks, so "cannot be trusted to seriously consider and address the safety and well-being of Black and Indigenous students" in area schools.

Police liaison program back in Vancouver schools