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16 May 2024

Chinese police in the Sichuan province dismantle an underground bank that used USDT for foreign currency exchanges worth $1.9B+, mainly to smuggle medicine (Timmy Shen/The Block)

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Chinese police in the Sichuan province dismantle an underground bank that used USDT for foreign currency exchanges worth $1.9B+, mainly to smuggle medicine (Timmy Shen/The Block)