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Malaysian Kidnappers Kidnap Chinese Man for the Totally-Not-Scammy Cryptocurrency Everyone Loves to Hate

Crypto NewsHackNews 1 Sam Rogers August 16, 2024

An illustration of a group of masked individuals holding a man captive in front of a cityscape with Kuala Lumpur's Petronas Twin Towers visible. The captors are shown carrying large bags filled with cryptocurrency tokens while the victim is restrained by chains made from computer hardware components, such as motherboards and hard drives. In the background, flames engulf an abandoned mining rig amidst smoke billowing into the air. A faint image of a Tether (USDT) logo can be seen in the corner, partially obscured by clouds of steam rising from the burning equipment.

Well well well! Look what we have here. A bunch of Malaysian kidnappers trying to make a quick buck off some poor Chinese dude with the promise of USDT tokens. Because who doesn’t love getting kidnapped for cryptocurrency? I mean seriously, it’s not like they’re demanding actual money or something (although at $1 million that does sound pretty tempting). No no, these clever Malaysians have gone and chosen… Tether! The stablecoin so trustworthy even its name is a joke

Source: cointelegraph

Malaysian kidnappers abducted Chinese man for $1M USDT: Report
https://cointelegraph.com/news/malaysians-kidnap-chinese-demand-1-million-usdt-ransom
Six Malaysian nations — a married couple and four individuals — were charged with kidnapping a Chinese national and demanding a ransom of 4.44 million Malaysian ringgits ($1 million) in Tether’s USDT stablecoin. The accused, aged between 25 and 29, allegedly kidnapped the man at one of the exit points of an expressway connecting the cities of Kuala Lumpur and Putrajaya on July 11. The group then demanded a ransom […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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