TechFlow reports that Hong Kong's High Court recently ruled on a robbery case involving the virtual currency USDT. A female seller had successfully completed four transactions with a male buyer, receiving over HK$6.87 million in total. The woman later went without suspicion to a unit in a Kwun Tong building to conduct another transaction worth HK$3.5 million. Suddenly, four masked assailants hiding inside the room rushed out, brandishing knives and electric stun guns, threatened the woman, and took away a plastic bag containing cash. Three of the suspects were subsequently arrested and yesterday pleaded guilty in the High Court to charges including robbery, receiving jail sentences of 4 years and 8 months.
The presiding judge stated during sentencing that the crime was meticulously planned, with each defendant playing a specific role in a premeditated scheme. They first posed as legitimate parties for a virtual currency transaction, then seized the opportunity when the victim arrived alone to carry out the robbery. Prior to the incident, they had also arranged vehicles for pickup and escape to ensure a swift getaway after committing the crime.
The judge noted that the case involved one electric stun gun. Although the female victim did not sustain physical injuries, she was surrounded and terrified by multiple men during the incident. Furthermore, the sum of HK$3.5 million remains unrecovered. Taking all factors into account, each defendant was sentenced to 4 years and 8 months' imprisonment for robbery. Additionally, the first defendant was fined HK$1,000 for drug possession.




