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1,200 slaves freed from Myanmar pig-butchering compound

Pig-butchering scams based at the Myanmar compound have reportedly raked in around $100 million in USDT over the past two years.

Single Chinese ‘pig-butchering’ operation made $100M in USDT, report

The Myanmar-based compound that houses the USDT-powered pig-butchering scam is “likely home to thousands of trafficked workers.”

USDT has become a popular payment method for criminal gangs, particularly those in the gambling industry, operating in Southeast Asia.

A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.

Nepalese smugglers reportedly moved 33kg of gold from China in flour sacks packed by children before selling it for $16 million USDT.