Tether Assists US Authorities in Freezing $1.6 Million Linked to Terrorism Financing
According to an official announcement, Tether has assisted U.S. authorities in freezing and reissuing approximately $1.6 million USDT linked to the Gaza-based financial network BuyCash, which is involved in terrorist financing activities. This action is part of a larger civil forfeiture case by the U.S. Department of Justice. To date, Tether has frozen more than 5,000 wallets and assisted over 275 law enforcement agencies worldwide in seizing more than $2.9 billion USDT. Recently, Tether also helped Brazilian authorities freeze $6.2 million and assisted the U.S. Department of Justice in seizing $225 million USDT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies lowers SEA target price to $142
Zenix Robotics Invests 5.08 Billion Won to Expand Production Capacity
Anthropic (ANT.US) targets IPO at trillion-dollar valuation; venture capitalists warn it may signal the peak of the AI market
Venture capitalist Selby warns that Anthropic’s trillion-dollar valuation IPO could signal the peak of the AI market, and the expiration of the lock-up period may trigger a chain reaction of corrections.
Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors
Analysts point out that as investors shift their bets from high-risk technology sectors to defensive stocks, the market is currently in a "state of alert".
Crypto prices
More
