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Chinese fraud ring laundered over $6m in Tether’s USDT from 66,800 Indian victims: report

A Chinese court sentenced nine individuals for running a telecom fraud ring that defrauded over 66,000 Indian victims and reportedly laundered proceeds through Tether’s USDT. Nine individuals have been sentenced to prison in China for their roles in a telecom…

Source and More information: Chinese fraud ring laundered over $6m in Tether’s USDT from 66,800 Indian victims: report

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Chinese fraud ring laundered over $6m in Tether’s USDT from 66,800 Indian victims: report

A Chinese court sentenced nine individuals for running a telecom fraud ring that defrauded over 66,000 Indian victims and reportedly laundered proceeds through Tether’s USDT. Nine individuals have been sentenced to prison in China for their roles in a telecom…

(more…)

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