Tether says it has frozen $4.2 billion of its stablecoin over crime links - Reuters
Tether says it has frozen $4.2 billion of its stablecoin over crime links Reuters
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"These tokens were allegedly tied to so-called 'pig-butchering' scams, a fraud model where criminals cultivate personal relationships online before defrauding victims."
— spokesman , Other
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<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxOdllLSEgydHc1bUNTdGpzOVF4Y0RXX0dlWndPZmp2REZkcTl0N2hydzRlbkdGLXBtbnZWY1NHUGFjOHdtdFh6Y1ZKSlVFOFctVHNqV2NiMFF4bGVidnpadG1HSmZ2OHlaRTlVUEhPZEhCdl8wSE5nVzZvYm1FTW0tS2RuenU1RW1SaVhmeDdwaE5Lcml5RUREanlMRk81bHV0ckpRejhxVVlsY2dNaXZuaFFJWmNDZW1aRTRpZFBaQzY2RmFCYnpvUzlKSVNiYnYyNV9wSTBWdUctZUFU?oc=5" target="_blank">Tether says it has frozen $4.2 billion of its stablecoin over crime links</a> <font color="#6f6f6f">Reuters</font>
Tether has frozen approximately $4.2 billion worth of its tokens tied to suspected illicit activity, with the majority of those actions taking place over the past three years.
Tether has frozen about $4.2 billion of its crypto tokens over links to illicit activity, mostly in the past three years, as authorities worldwide crack down on crypto-related crime.
Tether has frozen about $4.2 billion of its crypto tokens over links to illicit activity, mostly in the past three years, as authorities around the world try to crack down on crypto-related crime.
Tether has frozen approximately $4.2 billion of its stablecoins linked to illicit activities, including 'pig-butchering' scams, highlighting its centralized control over the USDT token.
Tether, a major stablecoin issuer, has frozen approximately $4.2 billion of its crypto tokens linked to illicit activities over the past three years, aiding global efforts to combat crypto-related crime.
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