Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

USDT Ransom Demand in Hong Kong Kidnapping Sparks Concerns Over Illicit Crypto Use

USDT Ransom Demand in Hong Kong Kidnapping Sparks Concerns Over Illicit Crypto Use


CoinOtag
2024-07-06 23:48:54

On July 3, a 3-year-old boy was kidnapped from a shopping mall in Tseung Kwan O, Hong Kong. The kidnappers demanded a ransom of 660,000 USDT, approximately HK$5.15 million. The case highlights the concerning rise of criminal activities involving cryptocurrency in the region. Latest abduction case underscores the growing trend of crypto ransoms in Hong


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.