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PAA Responds to Alleged $850,000 Crypto Theft at Karachi Airport

5 min read
Legal Expert
PAA Responds to Alleged $850,000 Crypto Theft at Karachi Airport
Following certain reports regarding an alleged theft of cryptocurrency from a passenger at Jinnah International Airport (JIAP), the Pakistan Airports Authority (PAA) immediately probed the matter in coordination with the Airport Security Force (ASF) and police authorities. After a detailed review of the CCTV footage and official records, it has been confirmed that no such incident occurred at JIAP. As per the police report, an individual named Mr. Faizyab filed a petition in court, claiming that four uniformed persons took him to a room, seized his mobile phone, and accessed his passwords to steal cryptocurrency valued at USD 850,000. However, the verification revealed the following facts:
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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