This is a commendable effort by the authorities in ensuring justice is served. Crime, especially within law enforcement, must be addressed with strict accountability.
Trade Nova
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🚨 Pakistani Police Officer Arrested for USDT Theft & Kidnapping!
A shocking case of crypto crime has surfaced in Pakistan, where a Counter-Terrorism Department (CTD) officer has been arrested for allegedly kidnapping a crypto trader and stealing 340,000 USDT! 🏴☠️💰
🔍 How Did the Kidnapping Happen? A crypto trader, Mohammad Arsalan Malik, arranged a meeting to sell USDT. However, events took a dark turn:
🔹 Two buyers wanted to exchange $30,000, claiming someone named Ashar would handle the payment. 🔹 They waited at a restaurant, but at 1:40 AM, an unmarked police van appeared with plainclothes officers. 🔹 Malik was abducted, taken to an unknown location, and forced to transfer 340,000 USDT from his Binance account!
📌 What Happened Next? After stealing the crypto, the kidnappers reset Malik’s phone and abandoned him. But the case quickly gained attention:
✅ $220,000 was recovered in crypto, cash, a luxury car, and prize bonds. ✅ Nine suspects identified, including two CTD officers and Chief Constable Ali Raza as the main suspect. ✅ Eight arrests made, while Raza was remanded for seven days by an anti-terrorism court.
🔴 Authorities Crack Down on Corruption Pakistan’s Inspector General of Police vowed: 🛑 “We will spare no one.” 🛑 “Any officer found guilty will face the consequences.”
💭 Crypto Crime on the Rise This case follows another high-profile crypto kidnapping, where the CEO of Ledger was abducted and tortured for ransom!
⚠️ What This Means for Crypto Traders ✔️ Be cautious when making in-person transactions. ✔️ Always verify buyer identities before meetings. ✔️ Store crypto in cold wallets to prevent forced transfers.
📢 What are your thoughts on this shocking case? Let us know in the comments! 💬🔥