Tag: USDT

The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country.

Tether (USDT) has taken a new initiative to improve its transparency to investors and traders. To be precise, the stablecoin’s developers have now started implementing a real-time reserve report …

In a landmark operation, the U.S. Justice Department has successfully seized a hefty $9 million in USDT, Tether’s cryptocurrency pegged to the U.S. dollar. This bold move unveils a complex web of …

Officials with the U.S. Justice Department reported they had seized 9 million in Tether as part of an investigation into a romance scammer organization.

The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through “pig butchering” scams.

Following an investigation between Tether, OKX, the U.S. Justice Department and U.S. law enforcement, the stablecoin issuer froze $225 million worth of USDT linked to illicit activities.

Tether and crypto exchange OKX announced that they have assisted the United States Department of Justice (DOJ) in an investigation.

Community members on X inquired about where the money came from and raised questions on its connection to the fines reportedly set by the Justice Department.

The more than $1bn deposit by Tether is at the heart of a previously unreported legal battle between Britannia Financial and Arbitral International, a company registered in the British Virgin Islands.

Tether’s bank partner Britannia Financial is reportedly sued by a company that sold its brokerage platform to the firm in 2021.

Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

It was reportedly the largest-ever freeze in the history of USDT, which was made possible with the help of OKX and the DOJ.

Tether, in an unprecedented move, has frozen approximately $225 million in USDT tokens, linked to a human trafficking syndicate in Southeast Asia. This action, the largest-ever freeze of USDT in …

Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret Service …

Stablecoin issuer Tether has frozen $225 million worth of its own stablecoin following an investigation by the U.S. Department of Justice (DOJ) into an international human trafficking syndicate in …

Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia.

Following an investigation between Tether, OKX, the Justice Department, and U.S. law enforcement, the stablecoin issuer froze $225 million worth of USDT linked to illicit activities.

Tether voluntarily froze $225 million worth of USDT linked to an international human trafficking syndicate. The United States Department of Justice and web3 platform OKX collaborated on the …

Tether voluntarily froze approximately $225 million worth of USDT tokens held in external self-custody wallets related to human trafficking.

In yet another purposeful action, Tether has frozen $225 million in USDT tokens associated with a human trafficking ring. See details …