Blockchain News Chinese police bust $1.9B USDT underground banking racket Mai 16, 2024 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. Post Navigation Previous MIT Brothers Arrested for Alleged $25M Ethereum Blockchain ManipulationNext ShibaSwap rolls out major upgrade, moves to Shibarium More Stories Blockchain News Ripple raises $275M for US prime brokerage to meet institutional demand August 19, 2026 Blockchain News Kraken launches US-listed stock trading for EEA customers August 18, 2026 Blockchain News Chainalysis sues US over $95M ICE contract with TRM Labs August 17, 2026