TechFlow news, on February 22, according to Guangming Net, Hefei police have launched an investigation into an offline transaction fraud case involving 277,000 USDT. According to victim Ms. Cheng, on January 17, she and her boyfriend met old friend Sun and two of his companions at a café to conduct a USDT transaction, when the price of USDT was about 7 RMB per unit. During the transaction, Ms. Cheng first transferred over 7,000 USDT as a test. After confirming the transfer went through correctly, she transferred the remaining USDT to the other party’s account.
At that moment, Sun claimed he could not transfer the USDT to his companion due to a "malware-infected phone," upon which his companion immediately reported the incident to the police. After officers arrived, a suitcase containing 2 million RMB in cash was taken away by Sun's companion. Ms. Cheng stated that by tracking the wallet address, she discovered all the involved USDT had been fully transferred out on the fourth day of the Lunar New Year, contradicting Sun's previous claim that the "coins were stolen."
