A 23-year-old Ukrainian tourist, Viacheslav Leibov, was kidnapped in Phuket, Thailand, and forced to transfer $250,000 in USDT stablecoins to two armed robbers. The robbers, an A
rmenian and a Ukrainian, initially demanded $500,000 in USDT but agreed to settle for the lower amount. Leibov was threatened with violence until he complied with their demands.