#稳定币监管风暴

Shanghai police strike hard! Crack down on a shocking case of "money laundering in the cryptocurrency circle" involving 6.5 billion: USDT has become a tool for illegal fund transfers, hiding huge risks.

When "money laundering in the cryptocurrency circle" evolved from an arbitrage strategy in cryptocurrency trading into a sinister tool for cross-border illegal fund transfers, it ultimately could not 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 an "underground money house in the cryptocurrency circle." 17 shell companies used USDT (Tether) for "wash trading," attempting to cover up their fund transfer crimes with secretive operations, but were fully exposed under the sharp eyes of the police!