Ukraine’s Cyber Police apprehended four individuals suspected of extorting 250,000 USDT (10 million hryvnias) from an online business owner.
According to case materials, the incident occurred in May. The 20-year-old victim reported that unknown individuals posed as law enforcement officers and accused him of treason, allegedly due to cooperation with Russia. To prevent further action, the perpetrators demanded the entrepreneur transfer $250,000 in cryptocurrency to a specified wallet.
The extorted amount was cashed out through an exchange. Cyber police tracked the movement of the funds and identified the extortionists—residents of Kyiv and the surrounding region.
Seized items include bank cards, computer equipment, mobile phones, luxury vehicles, fake journalist and public order protection IDs, ammunition, cash amounting to nearly $7,000, and over 63,000 hryvnias.
Authorities are considering pre-trial measures for the suspects. If found guilty, they face up to 12 years in prison with confiscation of property.
Earlier, ForkLog reported that a Kyiv court will hear a case involving a fraudulent cryptocurrency investment scheme.