.

On Dec. 25, 2024, in Karachi, Pakistan, seven suspects—including an officer from the Counter-Terrorism Department—were taken into custody on suspicion of participating in the kidnapping of a cryptocurrency trader and demanding a ransom of $340,000.

While confirming that one CTD officer had been arrested, Inspector General of Police Ghulam Nabi Memon stated that attempts were still underway to capture another police officer implicated in the crime.

The victim, 30-year-old Mohammed Arsalan, was kidnapped from Manghopir, a well-known neighborhood in the northwestern part of Karachi. According to Arsalan, the abductors forced him to transfer $340,000 from his Binance account to several wallets they controlled before releasing him hours later near the Quaid-e-Azam mausoleum.

Arsalan later shared additional details on Facebook, but independent sources largely unverified his claims, including the specific amount transferred

#Binance #News #cryptocurrency