
Chinese Court Sentences Nine in $6 Million Crypto Scam Targeting Indian Investors
Chinese court jails 9 for duping Indians of ₹517M in USDT fraud using fake apps and online identities.

Chinese court jails 9 for duping Indians of ₹517M in USDT fraud using fake apps and online identities.

Tether’s USDT stablecoin was used to launder $6.2 million in a telecom fraud scam, defrauding 66,000 Indians and leading to nine convictions in China.

Chinese court jails 9 for duping Indians of ₹517M in USDT fraud using fake apps and online identities.

Tether’s USDT stablecoin was used to launder $6.2 million in a telecom fraud scam, defrauding 66,000 Indians and leading to nine convictions in China.