A jaw-dropping crypto crime has rocked Pakistan! A Counter-Terrorism Department (CTD) officer has been arrested for kidnapping a crypto trader and stealing 340,000 USDT in a daring late-night heist! 🏴☠️💸
🔥 How the Shocking Kidnapping Unfolded!
Crypto trader Mohammad Arsalan Malik thought he was closing a deal—but it turned into a nightmare:
🔹 Two buyers set up a $30,000 USDT exchange, claiming an associate named Ashar would handle the payment.
🔹 The meetup spot? A local restaurant. But at 1:40 AM, things took a sinister turn…
🔹 An unmarked police van arrived, carrying plainclothes officers—and Malik was abducted at gunpoint! 😱🚨
🔹 He was taken to an undisclosed location and forced to transfer 340,000 USDT straight from his Binance account!
🚨 What Happened Next? Justice in Action!
The criminals thought they got away—but authorities cracked down hard!
✅ $220,000 in crypto, cash, a luxury car, and prize bonds were recovered!
✅ Nine suspects identified—including two CTD officers and Chief Constable Ali Raza as the mastermind!
✅ Eight arrests made, with Raza remanded for 7 days by an anti-terrorism court!
🛑 Authorities Take a Stand!
Pakistan’s Inspector General of Police issued a stern warning:
⚡ “NO ONE will be spared. Corrupt officers WILL face justice!” ⚡
🚨 Crypto Crime is Exploding!
This case follows another high-profile crypto kidnapping, where even the CEO of Ledger was abducted and tortured for ransom! 😨
ETHFI/USDT is showing signs of a potential reversal from the strong support zone at $1.90 - $2.00. The price is currently consolidating near support, with room for upside movement. Key resistance levels indicate strong profit-taking opportunities for swing traders.
Entry: $1.99 - $1.90
Stop Loss (SL): $1.80 (Below the support zone for risk management)
Targets:
1️⃣ $2.20 2️⃣ $2.40 3️⃣ $2.80
⚠️ Risk Management: Ensure proper position sizing and stick to the stop-loss level. If the price breaks below $1.80, watch for a retest near $1.50 before considering re-entry.#BinanceAlphaAlert #ETHFI #BinanceLaunchpoolBIO
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🚨Bitcoin dominance going down and retest the channel support area and other side we see a little bit of recovery in Altcoins. If Bitcoin dominance again rises towards channel top then we'll see again Altcoins in some pressure or if bitcoin dominance breaks this channel in downside then we will see more recovery in Altcoins. Keep an eye on Bitcoin dominance #altsesaon $BTC