A Chinese court sentenced nine fraudsters to up to 14 years in prison for defrauding over 66,000 Indians in a $6 million USDT crypto scam. The group used fake identities and chat apps to lure victims into a fraudulent platform called Senee, promising high returns. Chinese authorities called the scam a coordinated cross-border crime exploiting digital assets and social engineering tactics.
A local court in China recently sentenced nine Chinese fraudsters to prison terms ranging from five to fourteen years. They targeted Indians for USDT fraud, defrauding a total of 66,800 Indians of about US$6 million. https://t.co/IU2hI9GjJj
— Wu Blockchain (@WuBlockchain) April 14, 2025
