coin-img-ETHETH-4.72%coin-img-BTCBTC-3.20%coin-img-ROBOROBO-6.23%coin-img-SOLSOL-5.67%coin-img-XRPXRP-6.36%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+4.40%coin-img-DOGEDOGE-6.39%coin-img-ETHETH-4.72%coin-img-BTCBTC-3.20%coin-img-ROBOROBO-6.23%coin-img-SOLSOL-5.67%coin-img-XRPXRP-6.36%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+4.40%coin-img-DOGEDOGE-6.39%coin-img-ETHETH-4.72%coin-img-BTCBTC-3.20%coin-img-ROBOROBO-6.23%coin-img-SOLSOL-5.67%coin-img-XRPXRP-6.36%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+4.40%coin-img-DOGEDOGE-6.39%coin-img-ETHETH-4.72%coin-img-BTCBTC-3.20%coin-img-ROBOROBO-6.23%coin-img-SOLSOL-5.67%coin-img-XRPXRP-6.36%coin-img-USDCUSDC+0.01%coin-img-XAUTXAUT+4.40%coin-img-DOGEDOGE-6.39%

Tether Froze $4.2 Billion in USDT Linked to Criminal Activity Over Three Years

Tether has frozen approximately $4.2 billion in USDT over the past three years linked to suspicious criminal activities, Cointelegraph reports. Most restrictions began in 2023 amid increased regulatory and law enforcement scrutiny of crypto-related fraud and sanctions evasion. Tether announced on Tuesday it assisted the U.S. Department of Justice in seizing nearly $61 million in USDT tied to "pig butchering" scams, and froze approximately $5.44 billion in cryptocurrency earlier this month at the request of Turkish authorities linked to alleged illegal online gambling and money laundering.
Selected
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.