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 Why banks are fighting stablecoins after shaping the rules Juni 16, 2026 Blockchain News LG, Arbitrum launch blockchain-based bid in $679B ad market Juni 12, 2026 Blockchain News SBI Shinsei links bank deposits to crypto rewards in Japan: Nikkei Juni 9, 2026