Senior Chongqing officials investigated for USDT bribery, money laundering

Two senior officials in Chongqing, China, are under investigation for alleged bribery and money laundering involving USDT, Foresight News reported. According to a source, a businessman delivered 30.8 million USDT (approximately $30.8 million) to the city's mayor. During the investigation, authorities seized a cold wallet and traced the funds, discovering that a separate transfer of 15.5 million USDT (approximately $15.5 million) had been sent to another high-ranking official. The head of a local law firm has also been arrested, with the source suggesting this individual may be a key figure who helped launder the funds under the guise of legal fees.