A victim of a USDT online scam was helped by Hunan police in China to recover and return all the stolen funds.

According to BlockBeats, on May 20th, citing the Hunan Daily, on February 9th at approximately 8 PM, the Baojing County Public Security Bureau in Hunan Province received a report from Mr. Liu, a victim from another province, who claimed to have been defrauded of 100,000 yuan while purchasing the cryptocurrency USDT online. Upon receiving the report, the Baojing County Public Security Bureau formed a special task force and launched an overnight investigation. Using various investigative methods, the police ultimately identified the suspect as Shi. Investigation revealed that Shi had no fixed income and lacked the qualifications for cryptocurrency trading. To defraud people, he collected screenshots of others trading cryptocurrencies online, fabricated false profit records, and impersonated a seasoned "crypto dealer" to gain Mr. Liu's trust. Mr. Liu believed him and transferred 100,000 yuan to an account designated by Shi. After receiving the money, Shi did not deliver the cryptocurrency; instead, he gambled away some of the funds and split and hid the remaining money. Through precise analysis of the fund flows and comprehensive collection of evidence, the police quickly identified Shi and tracked his movements. On the night the report was filed, they decisively apprehended Shi and opened an investigation the following day. After solving the case, the police adhered to the principle of "giving equal importance to solving the case and recovering the stolen funds," patiently explaining relevant laws and policies, and actively mobilizing the suspect's family to cooperate in making restitution. Ultimately, they recovered the full amount of 100,000 yuan in defrauded funds. On the morning of May 14th, the 100,000 yuan of defrauded funds, which had been recovered according to law, was fully returned to the victim, Mr. Liu. Currently, the suspect, Shi, has been placed under criminal coercive measures for suspected fraud, and the case is under further investigation.