
USDT Under Fire: Tether Freezes Millions in Widening Dragnet
Tether froze over 3.5 million USDT tokens across 161 Ethereum wallets in compliance with U.S. sanctions, exposing mysterious transactions right before the enforcement action.
Tether froze over 3.5 million USDT tokens across 161 Ethereum wallets in compliance with U.S. sanctions, exposing mysterious transactions right before the enforcement action.
Stablecoin firm Tether unveiled a new voluntary policy to freeze wallets tied to parties sanctioned by the U.S. Office of Foreign Assets Control in an effort to further cooperation with law enforcement.
Crypto exchange BingX announced users can leverage USDT savings from BingX Wealth as margin collateral for futures trading.
Tether froze $225M in USDT connected to an international human trafficking syndicate following an investigation with the DOJ and crypto exchange OKX.
Tether aims to launch 5 new crypto projects next year, with some designed to disrupt centralized Web2 services like finance and social media.
Binance just launched a new way to earn up to 13% annually on tether holdings, joining other crypto platforms offering yield on stablecoins.
USDT supply has surpassed 85 billion to set a new all-time high as the leading stablecoin extends its dominance in the market.
Taiwanese authorities have busted a massive crypto money laundering ring involving over $320 million worth of Tether (USDT), representing the largest such operation ever uncovered in Taiwan’s history.
Stablecoin Tether has seen a major rise in adoption in Brazil, making up 80% of the country’s crypto transaction volume so far this year.
Tether trading volume spiked to a 2-month high of over $47 billion as excitement built around potential SEC approval of a Bitcoin ETF, while Tether whales accumulated tokens ahead of a historically bullish month for crypto returns.