Police in Huanggang, Hubei, have dismantled a telecom fraud ring involved in offline cash withdrawals and cryptocurrency money laundering, arresting six suspects. The operation, led by Luotian police, targeted a group serving overseas fraudsters by converting illicit funds into USDT. The gang, known as a "cash-out team," was responsible for 28 transactions, laundering over 1 million yuan. The suspects are currently in custody as investigations continue.