Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express

Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express.

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A Chinese court in the northwestern Gansu province has reportedly sentenced ten individuals involved in a Tether (USDT) laundering service scheme.

The defendants received prison sentences ranging from 10 months to one year, with authorities recovering over $168,000 (1.2 million yuan) in illicit gains, according to state-owned online news outlet The Paper.

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