Moscow crypto trader was robbed of $1 million
A Russian man decided to sell more than $1 million in Tether (USDT) but became a victim to fraudsters

16.12.2021 - 10:35
701
1 min
0
What’s new? On December 14, a 29-year-old citizen of the Russian Federation reported the theft of $1 million to the police. The victim was planning to conduct a major transaction with the American stablecoin USDT, but he was robbed, RIA Novosti reports.
What are the details of the case? According to the victim, he has been involved in crypto trading for several years. In October, he decided to sell a batch of USDT stablecoins worth just over $1 million. The man met with a buyer he already knew in one of the offices in Moscow, where he transferred the tokens in exchange for cash.
Immediately after the transaction, two unidentified men broke into the office and took a bag containing the money. The victim tried to stop the robbers but was threatened with weapons.
The attackers fled, along with the person who brought the bag of money. The trader waited for two months, but the money was never returned, after which he went to the police. The employees of the Ministry of the Interior are already investigating the case.
Useful material?
Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Crypto regulations
He also stated the country’s aspiration to become a Eurasian IT hub
May 29, 2025