According to PANews news on July 18, according to CCTV news reports, recently, the Qinshui County Public Security Bureau in Jincheng City, Shanxi Province successfully cracked a fraud case using the virtual currency USDT for money laundering. 21 criminal suspects were arrested, more than 40 mobile phones were seized, more than 200,000 yuan in cash were seized, and USDT worth more than 1 million yuan was seized. On April 1, 2023, when the Qinshui police checked the clues, they discovered that Zhao Mouyue, a resident of Longgang Town, Qinshui County, had an abnormal fund flow in an account under the name of a bank, and there was a major suspicion of "running points" money laundering. After interrogation, the 21 suspects confessed to the crime of using the virtual currency USDT to launder money for information network criminals. After review according to the law, the criminal group helped the criminals who used information network to pay and settle more than 54.8 million USDT, equivalent to about 380 million yuan.