Chinese authorities arrested numerous people accused of using the tether stablecoin to launder nearly $2 billion in illicit funds procured from ponzi schemes, gambling, and other illegal activities. As per a statement from the Tongliao Public Security Bureau serving the region of eastern Inner Mongolia, Chinese police have arrested 63 individuals for using cryptocurrencies to … Continue reading Chinese Police Bust Massive Money Laundering Gang That Used Tether to Launder $1.7 Billion