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Tether Freezes $835 Million in Illicit Assets, Focuses on Israel and Ukraine

Tether, the world's largest stablecoin company, is intensifying its efforts to curb the illegal use of cryptocurrencies for funding terrorism and other criminal activities. The company has been actively cooperating with law enforcement agencies worldwide, recently addressing mainly armed conflict in Ukraine and Israel. As a result, it has frozen $835 million in assets, primarily related to thefts and exchange hacks. Tether's Global Effort to Thwart Criminal ActivitiesTether has so far assisted 3...
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Posted: Oct 17 2023, 09:30
Author Name: financemagnates
Views: 082469