The criminal group began its operations in May 2021, with the sources of the funds coming from illegal pyramid schemes, fraud and gambling. The group then converted the funds into the stablecoin tether and then recruited people around the world to open crypto accounts and help launder the funds, according to Chinese authorities.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies....