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A Shenzhen-Based "Fake Hacker" Was Sentenced to 3 Years and 3 Months in Prison for Attempting to Extort 0.88 Bitcoins and 90,000 USDT From a Company.
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According to ChainCatcher, citing the Procuratorial Daily, an employee of a Shenzhen company, burdened by over 400,000 yuan in online loans, stole the company's core R&D data and then impersonated an overseas hacker to demand 0.88 Bitcoins and 90,000 USDT in ransom from the company. He was ultimately sentenced to three years and three months in prison for attempted extortion and fined 10,000 yuan.
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