Pakistani cryptocurrency trader Mohammed Arsalan was kidnapped, with the perpetrators successfully extorting $340,000 worth of digital assets. Seven suspects have already been arrested in connection to the case, according to a recent report by the English-language local news outlet Dawn. An officer of the Pakistani  Counter-Terrorism Department was among the arrested, while a suspected policeman is still at large. The details Arsalan was purportedly forced to pay $340,000 out of his Binance account to regain his freedom.

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