Now even holding a lot of USDT can lead to losses. USDT is experiencing a crash-like drop, with the OTC price in China falling to 6.92.
Due to the impact of US sanctions, Huione is facing a large-scale run.
Some merchants have had the USDT in their accounts marked as "sensitive assets," making them unusable.
As a result, many merchants have been forced to sell off in the OTC market, causing the USDT price to plummet from 7.2 to 6.9 CNY. At this moment, stablecoins don't seem "stable" at all.
Short-term volatility may continue to intensify, and the window of opportunity for OTC merchants is rap

Hong Kong acted swiftly; those who took advantage of the Hong Kong fire for fraudulent fundraising have already been arrested.

From 82K all the way to catching the bottom at 93K, the unrealized profit is already close to 130. This year's KPI is secured.

Scams are risky, be cautious when editing images.

The largest buyback in the history of US Treasuries—liquidity is flowing again.
According to a Treasury Department document on December 3, the US Treasury just bought back $12.5 billion of its own bonds.
Note, this is not QE, but the effect is quite similar.
When the Treasury buys back its own debt, it injects US dollars into the market.
Banks receive cash, interest rates are pushed down, and liquidity is reignited. Although this appears to be “debt structure optimization,” it is actually a disguised release of liquidity—somewhat like a “fiscal version of monetary easing.”
The market reaction

The average return of Bitcoin in December is -17%, which is getting more and more concerning.

Does this situation count as telecom fraud?

Let’s have a good meal first, we’ll talk later.