Chinese man sentenced to 9 months in prison for buying $13K in USDT By Cointelegraph


An individual, identified only as “Mr. Chen,” has been convicted by the Fuzhou Mawei People’s Procuratorate on charges of “offense of concealment and concealment of crime” for purchasing 94,988 ($13,067) worth of (USDT) for an acquaintance.

According to local news reports, Mr. Chen was contacted by Mr. Lin, his acquaintance, around February 2022 to post his bank card details on social media app WeChat. Mr. Chen subsequently received seven fiat yuan transfers from Mr. Lin, which Mr. Chen used to purchase USDT.