Hyderabad Police Arrest Five Over ₹25 Lakh Robbery Tied to USDT Deal
- —Robbery took place on October 11 at an office near Himalayan Hotel in Bazarghat, Nampally
- —Police recovered ₹11.5 lakh of the ₹25 lakh and three mobile phones
- —Five arrested, some with prior murder and robbery cases
- —Case registered under Section 310(2) of the Bharatiya Nyaya Sanhita
Why it matters: The case highlights risks of cash-based USDT deals outside exchanges in India, where crypto-linked crime reports are rising.
Source: The Crypto Times