According to news from Deep Tide TechFlow on July 5, the Yixian police successfully cracked a criminal case involving money laundering using USDT, arresting 12 criminal suspects.
This criminal gang provided money laundering services for criminals by converting "WeChat payments to USDT." The case originated from a ticket rescheduling fraud case that occurred in early May in Yixian. The Yixian Public Security Bureau's criminal investigation team conducted in-depth analysis and identified this money laundering criminal gang from Xinyu, Jiangxi. On June 30, the police successfully captured all suspects in a coordinated operation in Xinyu, Jiangxi.
The police remind that stablecoins, due to their concealment, decentralization, and ease of transaction, have become an important tool for criminals to launder money. The public should enhance their awareness of prevention, be cautious of investment advice, protect personal information, and avoid becoming a "tool person" for money laundering.