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Man set up and extorted by criminals in hotel room with $500,000 USDT: report

Online Niel November 14, 2024

A Ukrainian man allegedly lost 500,000 dollars USDT after being set up for a robbery in a hotel room in Thailand.

The Bangkok Post rEPORTS that 23-year-old Viacheslav Leibov told police in Thailand that a friend of his had invited him to visit a hotel room in Phuket when masked criminals attacked him.

The criminals tied him up with ropes and cable ties and demanded that he transfer $500,000 of Tether’s USDT stablecoin or they would break his fingers. They were armed with a hammer and a “long” knife.

After he made the transfer, they tied him to the bed and warned him not to report the crime, before fleeing. He managed to free himself and report the crime at a police station in Kamala.

In an update, the Bangkok Post rEPORTS that law enforcement arrested the four suspects involved in the crime: Arman Grigoryan, 21, Armenian, Alfred Chernyshuk, 18, Ukrainian, Ruslan Musayev, 22, Ukrainian, and Mraz Atoian, 21, Russian .

Police say they arrested the suspects in a hotel room in Phang Nga, a nearby province.

During interrogation, the suspects allegedly told police that they tried to hire a driver to go to Malaysia, but the driver refused, so they were given hotel rooms.

Police say the victim had known one of the suspects for a long time, having met through crypto trading. The friend and suspect allegedly decided to rob him with the help of the other three suspects after learning how much digital property he had.

The four suspects are being held in custody and are charged with armed robbery and unlawful restraint and restraint of another person.

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