Tether Strikes Hard with 4.2 Billion $ of Illicit Tokens Frozen in 3 Years

CRYPTO CRIME | Tether Has Frozen Over $4 Billion in USDT in Just 3 Years

USDT Stablecoin issuer, Tether, has disclosed that it has frozen approximately $4.2 billion worth of its USDT tokens since 2023 because they were tied to criminal activity in a sign of growing cooperation with law enforcement as authorities clamp down on misuse of cryptocurrency. Tether  has the technical ability to remotely block tokens held in users’ wallets at the request of police and regulators. Most of the freezes have occurred over the pa…

Tether Freezes $4.2 Billion In USDT Linked To Criminal Activity As Stablecoin Supply Surpasses $180 Billion

Tether has frozen approximately $4.2 billion worth of USDT linked to illicit activity, marking one of the largest enforcement efforts in the history of the stablecoin market.

Tether strikes hard with 4.2 billion $ of illicit tokens frozen in 3 years

Tether freezes 4.2 billion dollars of tokens linked to illicit activities: a controversial revolution in the crypto industry.