Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme
On July 18, 2023, Chinese authorities in Qingshui County, Jincheng City, Shanxi Province successfully cracked a money laundering case involving the use of the cryptocurrency Tether (USDT). The operation led to the arrest of 21 suspects, the seizure of over 40 mobile phones, and the confiscation of cash and USDT worth over 1 million yuan. … Continue reading Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme