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12 Malaysian Police Officers Arrested for Crypto Extortion

12 Malaysian Police Officers Arrested for Crypto Extortion

Author:

Global Cryptocurrency

Published:

2026-02-21 08:05:02

15

1

BTCCSquare news:

Twelve Malaysian police officers face criminal charges after allegedly extorting cryptocurrency from foreign nationals during a midnight raid. Victims claim the officers confiscated electronics and forced a transfer of digital assets worth approximately $51,000.

Selangor's police chief confirmed the arrests, stating no tolerance for misconduct within the force. The case highlights regulatory challenges as cryptocurrencies become targets for illicit activities despite their growing institutional adoption.

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