In Cambodia’s ‘underground’ crypto economy, Tether becomes coin of choice for Chinese-linked activities

While currency exchanges in Phnom Penh also offer legitimate trading and a daily workaround to China’s onerous currency controls for the city’s Chinese community, Tether’s role in Cambodia’s vast dark economy is now falling under increasing scrutiny. Playing dirty: China faces off with increasingly sophisticated money launderers In November, the US Department of Justice seized … Read more