Hong Kong Cryptocurrency Investment Company Employee Arrested for Stealing Over HKD 20 Million in USDT from Clients

Odaily News: Approximately 20 clients of a Hong Kong-based investment company providing a cryptocurrency settlement platform reported the loss of 2.67 million USDT, amounting to a total loss of around HKD 20.87 million. Following an investigation, police arrested a 34-year-old network engineer surnamed Cai from the company yesterday. The suspect allegedly used his position to gain unauthorized access to the company's database, query client account information, and is suspected of stealing the crypto assets. The case has now been taken over by the Criminal Investigation Team 9 of the Yau Tsim Police District in Hong Kong, and several police officers have visited the company to collect evidence. (Sing Tao Daily)