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On January 5th, COINOTAG reported an alarming incident involving a **cryptocurrency trader** in Pakistan who was allegedly kidnapped by individuals impersonating police officers. The trader was forcibly abducted in a police vehicle, where he was threatened at gunpoint to facilitate a **$340,000 transfer** from his mobile device. The assailants posed as law enforcement, exploiting their authoritative pretense to execute their nefarious plan. Authorities have since registered a case and turned it over to the **Anti-Violent Crime Cell (AVCC)** for a thorough investigation. Notably, sources indicate that the trader had previously been approached by the suspects regarding a potential **cryptocurrency transaction**, which he declined. The police are actively gathering evidence, including data from the phones belonging to the alleged officers involved in this disturbing situation, to ensure that proper legal action is taken against these criminals.
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