Shenzhen "fake hacker" attempted to extort companies 0.88 Bitcoin and 90,000 USDT, sentenced to 3 years and 3 months

According to the Procuratorial Daily, an employee of a company in Shenzhen, under the pressure of over 400,000 yuan in online loans, stole the company's core research and development materials and disguised himself as an overseas hacker, demanding a ransom of 0.88 bitcoins and 90,000 USDT from the company. He was ultimately sentenced to three years and three months in prison for attempted extortion and fined 10,000 yuan.