Ex-Huobi Manager Acquitted in $5M USDT Laundering Case

A former Huobi Group senior manager, Chen Bailiang, has been acquitted by a Hong Kong High Court jury. He faced charges related to the transfer of 4.999 million USDT, valued at approximately HKD 39.18 million. The accusations included six counts of dishonest use of a computer and one count of money laundering.

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