Karachi( The COW News Digital)A mysterious case involving digital currency theft has surfaced at Jinnah International Airport, Karachi, where a 22-year-old man from Peshawar, Faizyab, has alleged that USDT (Tether) worth $850,000 was stolen from his digital wallet while he was inside the airport terminal.
According to Faizyab, the incident occurred during his visit to Karachi for a cryptocurrency-related business meeting. He claimed that shortly before boarding his return flight, his Binance account, Gmail, and recovery email were simultaneously hacked and blocked, resulting in the unauthorized transfer of his digital assets.
However, the airport authorities have dismissed the allegations, stating that CCTV footage from the terminal showed no unusual activity. Officials maintained that there was no evidence to suggest a security breach within the premises.
Faizyab’s lawyer, on the other hand, has accused both police and airport management of negligence and of attempting to suppress the case. He stated that multiple written complaints and evidence had been submitted, but no formal investigation had yet been initiated.
The lawyer further alleged that the wrong CCTV footage was reviewed by the authorities, calling for an independent inquiry into the matter.
Cybersecurity experts have termed the case potentially one of the largest alleged cryptocurrency thefts in Pakistan, should the victim’s claims prove accurate. They emphasized that such incidents highlight the urgent need for digital security protocols and clear regulatory frameworks around virtual currencies in the country.
They also warned investors to exercise extreme caution when managing or transferring digital assets, particularly through public Wi-Fi networks or unsecured devices, as these remain vulnerable to sophisticated hacking attacks.
As of now, no official investigation or law enforcement statement has been issued regarding the incident. The case has sparked widespread debate on social media, with users questioning both the authenticity of the claim and the authorities’ response to cybersecurity breaches.
If verified, the alleged $850,000 USDT theft could mark a major turning point in Pakistan’s discussion on digital asset regulation and investor protection, amid growing public interest in cryptocurrencies
