Tether Aids U.S. in Freezing $1.6m Terror Funds as It Eyes Market Expansion
5 Articles
5 Articles
Tether Freezes $1.6 Million In USDT Tied To Terror Financing
Tether, the biggest issuer of stablecoins, has blocked $1.6 million in USDT that was connected to terrorism financing operations in Gaza. This action is part of a bigger civil forfeiture case by the U.S. Department of Justice (DOJ). It highlights how cryptocurrency companies and law enforcement are working together to stop illegal financial activities. The move shows how easy it is to track blockchain technology, which helps law enforcement res…
Tether aids U.S. in freezing $1.6m terror funds as it eyes market expansion
Stablecoin issuer Tether has frozen millions in USDT connected to wallets used by a Gaza-based money transfer network accused of financing terrorism. The move came as part of a broader U.S. Department of Justice enforcement action targeting digital assets tied…
Tether Freezes $1.6M in USDT Linked to Gaza Terror Network - WorldNL Magazine
TLDR: Tether froze $1.6M in USDT after DOJ linked Gaza firm BuyCash to terrorism financing. Over $2M in crypto tied to sanctioned groups is now part of a DOJ forfeiture case. Tether has frozen $2.9B+ in assets across 5,000 wallets linked to illicit activity. Blockchain tools are enhancing real-time crime tracing and fund recovery worldwide. Tether has taken another bold step in its ongoing clampdown on illicit finance. The company froze and re…
Tether Freezes $1.6M in USDT Linked to Gaza Terror Network - Blockonomi
TLDR: Tether froze $1.6M in USDT after DOJ linked Gaza firm BuyCash to terrorism financing. Over $2M in crypto tied to sanctioned groups is now part of a DOJ forfeiture case. Tether has frozen $2.9B+ in assets across 5,000 wallets linked to illicit activity. Blockchain tools are enhancing real-time crime tracing and fund recovery worldwide. Tether has taken another bold step in its ongoing clampdown on illicit finance. The company froze and re…
Tether USDT Freeze: A Crucial Blow Against Terrorist Financing
BitcoinWorld Tether USDT Freeze: A Crucial Blow Against Terrorist Financing In a significant move that underscores the evolving landscape of digital finance and its commitment to combating illicit activities, Tether, the world’s largest stablecoin issuer, recently announced a crucial collaboration with U.S. authorities. This partnership led to a swift Tether USDT freeze of approximately $1.6 million in USDT, directly linked to Buy Cash Money and…
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