#稳定币监管风暴 #Ethereum Breaks 3800

Shanghai Police Strike Hard! Crackdown on 6.5 Billion "Cryptocurrency Arbitrage" Shocking Major Case: USDT Becomes an Illegal Fund Transfer Tool, Hidden Risks

When "Cryptocurrency Arbitrage" evolves from a cryptocurrency trading arbitrage strategy into a tool for cross-border illegal fund transfers, it ultimately cannot escape the thunderous sanctions of the law! Recently, 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 cryptocurrency sector. 17 shell companies used USDT (Tether) to conduct "wash trading," attempting to obscure their illegal fund transfer activities through secretive operations, but were completely exposed under the sharp gaze of the police!