#稳定币监管风暴 Stablecoin Regulatory Storm: Shanghai Police Crack Down on 6.5 Billion "Crypto Arbitrage" Case: USDT Becomes Tool for Illegal Fund Transfer, Concealed Operations Hide Multiple Risks

When "Crypto Arbitrage" evolves from an arbitrage method in cryptocurrency trading to a tool for illegal cross-border fund transfers, it inevitably faces legal sanctions. Recently, Shanghai police reported a case involving an amount as high as 6.5 billion yuan in a "Crypto Underground Bank" case, where 17 shell companies conducted "wash trading" through USDT (Tether), exposing the gray operations of fund transfers to the light of day. #稳定币监管风暴