Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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