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 Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool November 6, 2026 Blockchain News ZachXBT identifies French bank as alleged victim of $133M crypto theft November 4, 2026 Blockchain News Kraken restricts accounts amid suspected $133M EU crypto theft November 3, 2026