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Rooch Network Founder Mugged Just Days Before Major Ethereum Conference in Bangkok

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Giuseppe Ciccomascolo
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Key Takeaways

  •  Haichao Zhu’s robbery at knifepoint in Bangkok highlights growing security concerns for crypto industry professionals.
  • With Devcon just around the corner, attendees are warned to be vigilant and take necessary precautions.
  • This incident is part of a larger trend of robberies targeting crypto conference attendees.

Rooch Network co-founder Haichao Zhu was recently robbed at knifepoint in Bangkok, Thailand, just days before the highly anticipated Ethereum Devcon conference.

The incident highlights the growing security concerns for crypto industry professionals, especially when traveling to foreign countries.

Haichao Zhu Robbed In Bangkok

The attack occurred at 4:30 AM local time, shortly after Zhu had arrived in the city following a late-night flight.

Two assailants targeted Zhu, stealing his phone and leaving him with minor injuries.

In a subsequent social media post, Zhu cautioned others to remain vigilant in the city, saying, “While Bangkok is generally a safe and fun place, it’s essential to be aware of potential dangers lurking in the shadows.

Zhu also expressed frustration with the local authorities, stating, “I called the police and stayed at the police station for a whole night, but I guess I can’t count on them.”

Despite the ordeal, Zhu reported that he was otherwise unharmed, aside from a minor scratch on his hand. He thanked a concerned individual, Teacher Dang, for reaching out to him.

Devcon Community Warns of Safety Concerns in Bangkok

Following Haichao Zhu’s robbery at knifepoint in Bangkok, the crypto community is urging caution and vigilance when exploring the city.

Jole Star, another co-founder of Rooch Network, was with Zhu during the incident and praised the local police for their helpfulness and English proficiency.

Star also advised others to take precautions when venturing out at night, suggesting Devcon attendees avoid walking alone and refrain from using their phones.

This incident is the latest in a series of robberies targeting crypto conference attendees, including those who attended EthCC in Brussels earlier this year.

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Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
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