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🇰🇬 Kyrgyzstan /Crime & Justice

Scammers in Bishkek steal 82,550 USDT in exchange fraud

From 24.kg · () Russian

Summarized and contextualized by DistantNews.

At a glance

News Official statement Under investigation
  • A suspect was detained in Bishkek for a cryptocurrency exchange scam that defrauded a victim of 82,550 USDT.
  • The incident occurred on August 21, 2024, when individuals offered to exchange USDT for USD but took the cryptocurrency.
  • A criminal case has been initiated under Kyrgyzstan's Criminal Code for fraud, and the investigation is ongoing to find other involved parties.

Bishkek police have detained a 43-year-old man in connection with a cryptocurrency exchange scam that resulted in a victim losing 82,550 USDT. The incident, which occurred on August 21, 2024, involved unknown individuals who approached the victim with an offer to exchange their USDT digital assets for US dollars.

According to the Main Department of Internal Affairs of Bishkek, the perpetrators allegedly took possession of the victim's cryptocurrency after offering the exchange. The total estimated damage amounts to $82,550. A criminal case has been opened against the suspect under Article 209, "Fraud," of the Criminal Code of the Kyrgyz Republic.

The detained man is currently held in the temporary detention facility of the Main Department of Internal Affairs. The investigation is actively continuing to identify any other individuals involved in the scam and to fully ascertain all the circumstances surrounding the fraudulent transaction.

DistantNews Editorial

Originally published by 24.kg. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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