Tsim Sha Tsui Cryptocurrency Company Employee Arrested for Stealing 2.67 Million USDT

ChainCatcher reports that a cryptocurrency exchange in Tsim Sha Tsui, Hong Kong, was robbed. A 34-year-old network engineer is suspected of stealing approximately 20 customers’ USDT (Tether), totaling about 2.67 million USDT, equivalent to approximately 20.87 million HKD. The police have detained him.

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

Drift says $270 million exploit was a six-month North Korean intelligence operation

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean state-affiliated group, according to a detailed incident update published by the team earlier on Sunday. The attackers first made contact around fall 2025 at a major crypto c

CoinDesk19m ago

Polymarket and Kalshi Face Setbacks as Prediction Markets Confront Legitimacy Questions - Unchained

This week, major prediction market platforms Polymarket and Kalshi faced significant backlash, highlighting the divide between regulatory approval and public acceptance. Polymarket withdrew controversial betting markets after public outcry, while Kalshi's contract offerings were banned in Nevada, stressing the industry's legitimacy challenges.

UnchainedCrypto1h ago

China orders Apple to pull Dorsey's Bitchat, the messaging app used during Iran protests

Apple removed Bitchat, a decentralized messaging app by Jack Dorsey, from its China App Store at China's request, citing regulatory violations. Despite this, the app remains available globally and has seen over three million downloads.

CoinDesk5h ago

The lawyer says the $280 million attack on Drift Protocol may constitute civil negligence

Attorney Ariel Givner said that the 280M-dollar attack incident involving the Drift Protocol, which resulted from failing to follow basic security procedures, could amount to civil negligence. The attacker, after 6 months of planning, used a trusting relationship to steal the developers’ devices; there is already a class-action lawsuit advertisement targeting Drift circulating.

GateNews12h ago

Polymarket pulls controversial Iran rescue markets after intense backlash

Polymarket removed a betting market on U.S. military rescues in Iran after backlash from lawmakers, who criticized it for trivializing such efforts. This reflects growing scrutiny and regulation of prediction markets amid concerns over ethics and integrity.

CoinDesk17h ago
Comment
0/400
No comments