New FUD on USDT - now from China, on the topic of money laundering. There, according to the local publication #Baidu, the stablecoin from#Tetheris used for this “on an industrial scale.”

Chinese police stopped the activities of an underground bank with a turnover of $1.9 billion (!). And for illegal withdrawals of funds, as well as as part of organizing smuggling, they used #USDT. The bank has been operating since January 2021 (that is, since the year of the ban on cryptocurrencies in China) in 26 provinces of the country.#Tethercannot receive any significant negative from China. But for the company’s enemies in the West, such news is only +1 trump card in the FUD company. Especially against the backdrop of worsening relations between China and the United States. States are now imposing tariffs on Chinese semiconductors, batteries, solar panels, critical minerals, port cranes, medical supplies and other goods, as Bloomberg recently reported. And earlier it was announced that there would be an increase in duties on steel, aluminum and electric vehicles. President Biden also recently banned a Chinese-backed mining company from owning land near a nuclear missile base in Wyoming.

There is no logic in tying#Tetherto China in this situation. But for characters like US Senator Elizabeth Warren, logic is not needed.