According to a report by Southern Metropolis Daily, an employee at a Shenzhen company, burdened by online loan debt, stole confidential R&D materials and posed as a foreign hacker to demand 0.88 BTC and USDT as ransom from the company. Police later arrested the individual and discovered 43 folders of corporate confidential information on their phone. After valuation by professional institutions commissioned by the prosecution, the virtual currency involved in the case was determined to be worth over 630,000 RMB. The court ultimately sentenced the individual to three years and three months in prison for attempted extortion and imposed a fine of 10,000 RMB. https://(wublock123.com)/news/shenzhen-employee-poses-as-foreign-hacker-extorts-btc-usdt-630k-cny-66614