"A 3-year-old child in Hong Kong was kidnapped for a ransom of 660,000 USDT (approximately HK$5.15 million)! 😱 To pay the ransom, his parents were told to download Telegram and buy USDT from an OTC store. However, Hong Kong Police quickly took action and the child was safe and sound found, suspects were caught 🕵️‍♂️👮‍♀️

This incident once again brings to the fore the use of USDT in illegal transactions. Tether (the company behind USDT) was involved in illegal transactions worth $19.3 billion in 2023. 📉

How do you think this affects the reliability of cryptocurrencies? We are waiting your comments! 👇"