Tether Invests in Blockchain Analytics Firm Crystal Intelligence to Strengthen Its Ability to Combat Crypto Crime
BlockBeats News, July 8—According to a report by CoinDesk, Tether has announced a strategic investment in blockchain forensics and analytics firm Crystal Intelligence to strengthen its ability to combat crypto-related crime involving USDT.
This investment gives Tether direct access to Crystal’s full suite of tools, including real-time risk monitoring, fraud detection, and regulatory intelligence systems, further enhancing its capacity to assist global law enforcement agencies in tracking suspicious activities. The two parties have previously co-developed “Scam Alert,” a public database that flags wallet addresses involved in scams.
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