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CoinOtag
2024-07-06 23:48:54

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

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

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