Richmond, B.C., man faces multiple charges in $10M cryptocurrency home invasion theft

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RICHMOND, B.C. – 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.


The RCMP logo is seen outside the force's 'E' division headquarters in Surrey, B.C., on Thursday, March 16, 2023. 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. THE CANADIAN PRESS/Darryl Dyck
The RCMP logo is seen outside the force’s ‘E’ division headquarters in Surrey, B.C., on Thursday, March 16, 2023. 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. THE CANADIAN PRESS/Darryl Dyck

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.

This report by The Canadian Press was first published Nov. 23, 2023.