A Hubei man was sentenced to 11 years and 6 months in prison for robbing more than 40,000 Tether coins at knifepoint

A man in Hubei threatened to transfer more than 40,000 Tether coins with a knife. The defendant was sentenced to four years and eight months in prison in the first instance for the crimes of extortion and concealing the proceeds of crime. After the Jianghan District Procuratorate filed an appeal to the higher court, the second instance court adopted the prosecution's accusation and determined that the defendant committed robbery. He was sentenced to 11 years and six months in prison for the crimes of robbery and concealing the proceeds of crime, and was fined; this judgment is the final judgment.