Guangxi Tobacco collaborated with the public security department to eliminate criminal gangs involved in illegal virtual currency trading related to tobacco, with an amount involved reaching 28,625 USDT

ChainCatcher news, according to Tobacco Online, the Tobacco Monopoly Bureau of Liuzhou City, Guangxi, successfully dismantled a criminal gang involved in illegal tobacco transactions using the virtual currency Tether (USDT) in cooperation with the public security department.

It is reported that the "Virtual Currency Cigarette Transaction Situation Awareness System" of the Liuzhou Tobacco Joint Command Data Center obtains virtual currency transaction data by building blockchain nodes to synchronize the entire chain ledger, and cooperates with the public security department to accurately capture 12 local suspects involved in the case, seizing 84,400 illegal cigarettes and involving a virtual currency transaction volume of 28,625 Tether coins.