Taiwan law enforcement forces seized hundreds of millions of dollars worth of Tether (USDT) as part of anti-money laundering operations.
Taiwanese police have busted the country’s largest cryptocurrency-related fraud ring. In the statement made by the criminal investigation bureau of the police force, this was within the scope of the operation aimed at money laundering. Tether (USDT) worth $324.2 million It was stated that it was seized.
Last June, police arrested the man thought to be the head of a fraud ring. Chiu surname He stated that a suspect was arrested. During the same period, in addition to law enforcement Chiu 3 more people arrested. Law enforcement reports this case is related to cryptocurrency in Taiwan. biggest case He described it as.
Within the scope of the detailed investigation, the fraud organization gave crypto money to the victims they targeted. transfers to fake accounts or operating illegally overseas It turned out that he instructed them to direct money to cryptocurrency exchanges. However, these addresses sent by the victims belonged entirely to fraudsters, and in the end, these cryptocurrencies Chiu It was passed into the hands of the person with the surname.
Chiu and his team often Hong kong, Philippines, Malaysia Stating that he traveled to other countries and did not stay in a fixed place, the police emphasized that they caught the suspect at the airport before such a trip.
The police also included a LamborghiniOne LEXUS L.M.seized a lot of evidence, including three luxury watches, business phones and drugs.