Binance has a lot of security, they guarantee your funds and the funds can be traced if they leave your wallet; everything is recorded up to a point if it is made public.
Kenji Sugawara
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🚨 The Crypto Trader’s Nightmare: A True Story of Betrayal & Theft
🌑 A Dark Night in Pakistan
Under the dim glow of a streetlight, Mohammad Arsalan Malik, a young crypto trader, walked toward a luxury hotel, his mind racing with excitement. He had secured a deal worth $340,000 in USDT—a massive win. The buyers had insisted on meeting in person. Big money, big risks, he thought, but the offer was too good to refuse.
As he stepped into the meeting spot, everything changed in an instant.
🚨 The Trap
Before Malik could react, four men in plain clothes grabbed him, shoving him into an unmarked police van. His screams were swallowed by the roaring traffic.
Inside the van, a man in a Counter-Terrorism Department uniform sat in the shadows. He smirked.
> “Transfer your USDT, or we’ll make sure you never see the outside world again.”
Malik’s heart pounded. His fingers trembled as he opened his Binance account. The masked officer guided him through the process. With one final tap—$340,000 vanished into an unknown wallet.
💀 The Cover-Up
After the transaction was complete, the officers reset his phone, erasing all traces of the transfer. They drove him to an isolated mausoleum, dumping him onto the cold pavement. No explanations. No mercy.
Malik was left broken, penniless, and terrified.
🔍 The Investigation
When Malik regained his senses, he went straight to the police—but who do you complain to when the criminals wear badges?
Word spread fast. The authorities launched an internal investigation, uncovering: ✔ $220,000 in stolen crypto & cash ✔ A luxury car 🚗 linked to the crime ✔ Eight arrests, including two Counter-Terrorism Department officials
Pakistan’s Inspector General of Police vowed,
> “We do not spare anyone.”
⚠️ A Lesson for Crypto Traders
This chilling incident is a wake-up call for the crypto community. Crypto is valuable, and criminals—sometimes even in uniform—are watching.