A staff member of a cryptocurrency investment company in Hong Kong was arrested for stealing over 20 million HKD worth of USDT from clients

PANews February 24 Report: According to Sing Tao Daily, an investment company in Hong Kong that provides cryptocurrency settlement services has about 20 clients reporting the loss of 2.67 million USDT, totaling approximately HKD 20.87 million. After police investigation, a 34-year-old network engineer named Cai was arrested yesterday. He is suspected of using his position to access the company’s database without authorization, to check client account information and is suspected of stealing crypto assets. The case is now handled by the Ninth Unit of the Criminal Investigation Team of Yau Tsim Police District in Hong Kong, and several officers have visited the company to collect evidence.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Nobitex Founders Linked to Iran's Elite Political Family Tied to Supreme Leaders, Reuters Investigation Reveals

According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange with roughly 11 million users handling about 70% of the country's crypto activity, was founded by brothers Ali and Mohammad Kharrazi, whose family is related by marriage to all three of Iran's supreme

GateNews5h ago

North Korea terror attack verdict holder seizes $71 million of Kelp DAO ETH: Arbitrum’s “centralized intervention” turned into a legal handle

On May 1, the U.S. District Court for the Southern District of New York issued a restraining order prohibiting the disposition of 30,766 ETH (about $71 million) prior to the bifurcated hearing, to be used for DeFi United’s compensation program. The ETH source was the April KelpDAO cross-chain bridge hack; after it was frozen by the Arbitrum Security Committee, it was incorporated into DAO governance. The compensation was funded through fundraising such as Aave. The plaintiff claims the hacker is linked to North Korea’s Lazarus Group, and the court ordered that the matter be decided again at the bifurcated hearing.

ChainNewsAbmedia7h ago

A16z Backs CFTC With 18-Page Comment Letter Against State-Level Prediction Market Crackdowns on Friday

According to The Block, Andreessen Horowitz filed an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting the federal regulator's push against state-level prediction market restrictions. The VC firm argued that cease-and-desist letters and proposed bans by state r

GateNews7h ago

PolyArb Flagged as Fake Prediction Market With Wallet-Draining Code

According to on-chain detective ZachXBT, PolyArb is a fraudulent prediction market product with wallet-draining code embedded on its website. The project's account has also engaged in controversial replies under posts from established prediction market platforms to drive traffic and attract users, a

GateNews11h ago

Iran Announces Strait of Hormuz Will Not Return to Pre-War State, Approves New Administration Law

According to CCTV, Iran's Islamic Consultative Assembly Deputy Speaker Ali Nikzad announced in recent remarks that the Strait of Hormuz will not return to pre-war conditions. Parliament will approve a 'Strait of Hormuz Administration Law' that includes permanently banning Israeli vessels from the wa

GateNews12h ago

Nobitex Founded by Sons of Elite Iranian Family Tied to Supreme Leaders, Reuters Finds

According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange, was founded by brothers Ali and Mohammad Kharrazi, members of an elite political family tied by marriage to all three of Iran's supreme leaders. The brothers registered the company in 2018 alongside CEO

GateNews13h ago
Comment
0/400
No comments