Six Jailed in Singapore Over S$4.9M Poker Game Robbery
- —The court sentenced six Malaysians to terms ranging from 7 years 8 months to 12 years 11 months
- —The loss is estimated at S$4.9 million, of which about S$3.6 million was cryptocurrency
- —Police recovered only S$1.69 million, with about S$3.21 million still missing
- —Goh helped recover about 800,000 USDT of the 1.1 million USDT transferred to him
Why it matters: The case highlights the rise in physical attacks to force crypto transfers and the difficulty of recovering stolen digital assets.
Source: crypto.news