Singaporean authorities have pressed charges against an individual involved in an assault on a 19-year-old during a face-to-face cryptocurrency transaction. The incident, reported by the Straits Times, saw three men apprehended in connection with the attempted robbery of the young crypto trader known as 'ZK'. Seeking to purchase USDT from a seller on Telegram, ZK was ambushed and assaulted by two individuals at the arranged meeting spot. The assault occurred as ZK was exchanging $24,000 for USDT, with Benedict Yee Hong Fai, 29, orchestrating the transaction. Despite the change in meeting location to a mall parking lot, ZK managed to escape with his funds. Yee, believed to be the mastermind, is in custody pending a court hearing on Sept. 12, while the other two suspects are aiding authorities in the ongoing investigation. Read more AI-generated news on: https://app.chaingpt.org/news