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Hubei Police Seize 1.9 Million USDT in Fraud Investigation
12/05/2025, 06:06
AI SUMMARY
●Hubei police seize 1.9 million USDT in fraud case
●Unclaimed assets to be forfeited to state treasury after six months
●Notice highlights continued crypto enforcement in China
The Public Security Bureau of Jiayu County, Hubei Province, has issued a notice regarding the seizure of approximately 1.9 million USDT linked to a fraud investigation.
Authorities stated that these unclaimed virtual assets will be forfeited to the state treasury if valid owners do not come forward with legal documentation within six months.