ChainCatcher news, the Hong Kong High Court recently tried a virtual currency robbery case. A female seller of USDT had successfully completed 4 transactions with a buyer, receiving a total of over 6.87 million yuan. The female seller later unsuspectingly went to a unit in Kwun Tong to conduct a transaction of 3.5 million yuan with the buyer. Suddenly, 4 masked assailants hiding in the room rushed out, threatening the female seller with knives and electric guns, and took away a plastic bag containing cash. Three of them were arrested one after another and today (23rd) admitted to charges of robbery and other offenses in the High Court, being sentenced to 4 years and 8 months in prison.

It is reported that the female victim and her husband started trading virtual currency (USDT) in 2018 and met the currently wanted male buyer in December 2020. Within a month, they went to the buyer’s office involved in the case and successfully completed 4 transactions of “Tether,” receiving a total of over 6.87 million yuan.

Sources: CHAIN CATCHER