The Tether USDT cryptocurrency, used by the suspects. Photo: Shutterstock Images
4 suspected core members of Hong Kong syndicate arrested over HK$600 million money-laundering case involving 750 bank accounts over 2 years
- Customs says suspicion sparked when it was observed the money held in suspects’ accounts was not commensurate with their incomes
- Half of all the account holders involved believed to be mainlanders, with authorities still trying to track them down
The Tether USDT cryptocurrency, used by the suspects. Photo: Shutterstock Images