Pakistan police officer remanded over USDT theft and kidnapping
A Pakistan Counter-Terrorism Department official has been remanded over his alleged role in stealing $340,000 worth of tether (USDT) from a kidnapped crypto trader. Trader Mohammad Arsalan Malik claims he met various buyers after an individual called Hamid repeatedly asked to purchase dollars from him. Malik said that two individuals asked for $30,000 and told him that somebody called Ashar would drop off his payment. Pakistani media reports that the three waited for Ashar at a restaurant. He reportedly arrived at 1am, followed 40 minutes later by a police van with no number plate and a number of plain-clothed officers. These officers allegedly proceeded to abduct Malik, take him to another location, and force him to transfer $340,000 in USDT from his Binance account . Afterward, his kidnappers reset his phone and dropped him off near a mausoleum. Thailand cuts power to Myanmar crypto scam center regions Read more: Ledger co-founder David Balland releas...