Hong Kong Court Sentences Two Youths in USDT Fraud Case

According to Odaily, a Hong Kong court has sentenced two 18-year-olds to a correctional facility for their involvement in a USDT fraud case involving HKD 2 million. The incident occurred last November when a victim visited a currency exchange shop in Tsim Sha Tsui to purchase USDT worth over HKD 2 million. The victim handed cash to the defendants, placing it in the shop's safe as instructed. Despite repeated requests, the victim did not receive the USDT and demanded a refund, only to discover the cash was missing. Investigations revealed that the safe was separated from a neighboring shop by only a black paper, allowing easy access to the cash through a hidden passage. The defendants were apprehended while attempting to escape through this passage. Judge Cheng Nim-chi noted that although the defendants were not the masterminds, they played an essential role in the scheme, which involved a significant amount of money and was clearly premeditated. Considering their age and lack of prior criminal records, the judge decided that a correctional facility would be more beneficial for their rehabilitation than direct imprisonment.