Taiwan
BlockTempo
Sudden Death of Marketing Firm Employee Uncovers NT$20.1 Billion USDT Money-Laundering Platform — Taiwan Was Just One Branch
- Taichung prosecutors indicted 30 defendants on September 23, led by a marketing company head surnamed Chang, for running a Taiwan branch of an overseas illicit payment/money-laundering network.
- The operation allegedly laundered about NT$20.1 billion (roughly USD 650 million) in USDT through the platform referred to as 'NOW P.'
- The case surfaced after the sudden death of an employee at the marketing firm triggered an investigation, exposing Taiwan as just one branch office of a larger cross-border laundering scheme.