Foresight News reported that two senior officials in China's Chongqing City are successively under investigation on suspicion of bribery and money laundering using USDT. According to sources, a businessman delivered 30.8 million USDT (approximately 45.4 billion KRW) to the Mayor of Chongqing. During the investigation, authorities secured a cold wallet and tracked the flow of funds, revealing that an additional 15.5 million USDT (approximately 22.9 billion KRW) was separately transferred to another senior official. Meanwhile, the head of a local law firm has also been apprehended, with sources suggesting he may be a key figure who assisted in money laundering under the guise of legal fees.
