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Crypto firm Tether says it has frozen $225 million linked to human trafficking
- Crypto firm Tether froze $225 million worth of its cryptocurrency after an investigation linked it to a human trafficking group in Southeast Asia.
- Tether and crypto exchange OKX collaborated with the U.S. Secret Service and the Department of Justice on the investigation. The frozen tokens were not associated with Tether's direct customers.
- Tether's action, supported by blockchain analysis firm Chainalysis, demonstrates how collaboration between cryptocurrency industry players and law enforcement can combat illicit activities.
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17 Articles
17 Articles
Crypto firm Tether says it has frozen $225 million linked to human trafficking
By Elizabeth Howcroft LONDON (Reuters) - Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in
·New Delhi, India
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Crypto firm Tether says it has frozen $225 million linked to human trafficking
LONDON : Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia.The U.S. Secret Service asked Tether to freeze the tokens during a "months-long investigative effort" by Tether and the crypto
·Singapore
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Coverage Details
Total News Sources17
Leaning Left0Leaning Right2Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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