The scheme, estimated to have generated over $54 million, utilized the US dollar-backed stablecoin USDT to launder money, the country’s national broadcasting service CCTV reported on Tuesday….
Read More: 21 Arrested in China for $54M USDT Money Laundering Investigation
Source:https://cryptonews.com/news/21-arrested-china-for-54m-usdt-money-laundering-investigation.htm