#稳定币监管风暴 #Ethereum Breaks 3800

Shanghai Police Strike Hard! Bust of 6.5 Billion 'Crypto Brick Moving' Shocking Major Case: USDT Reduced to an Illegal Fund Transfer Tool, Hidden Huge Risks

When 'Crypto Brick Moving' evolves from an arbitrage method in cryptocurrency trading to a vile tool for cross-border illegal fund transfers, it ultimately cannot escape the thunderous sanctions of the law! Recently, the Shanghai police announced a shocking report, successfully dismantling a major case involving an amount as high as 6.5 billion yuan related to the 'Underground Money Exchange' in the crypto world. 17 shell companies used USDT (Tether) for 'wash trading,' attempting to cover up the crime of fund transfer with covert operations, but were completely exposed under the sharp gaze of the police!