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Tether froze $4.2B of illicit-tied tokens over 3 years: Report

(Note: The cover image has been removed per instructions.) Crypto market enforcement and liquidity dynamics intersect as stablecoin issuer Tether pursues a more aggressive stance against illicit activity. In a period spanning three years, the company reportedly froze roughly $4.2 billion of USDt to
CryptoBreaking·23h ago

Dialogue with Tether USAT CEO: Experiencing the acceleration of U.S. crypto policies, user experience is the biggest difference in the clear legislation.

Source: Anthony Pompliano Podcast Compilation: Felix, PANews Bo Hines, CEO of Tether USAT (a US-regulated, dollar-backed stablecoin launched by Tether), is also a former White House cryptocurrency advisor who participated in shaping U.S. digital asset policies during critical industry development periods. Recently, Bo Hines gave an interview at the New York Bitcoin Investor Week, where he disclosed details of his work on cryptocurrency policy at the White House and discussed topics such as the mainstream adoption of stablecoins and why user experience is more important than returns. PANews has summarized the highlights of the conversation. Below are the details. Host: You previously worked at the White House and are now the
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PANews·03-01 08:39

Tether froze $4.2B of illicit-tied tokens over 3 years: Report

(Note: The cover image has been removed per instructions.) Crypto market enforcement and liquidity dynamics intersect as stablecoin issuer Tether pursues a more aggressive stance against illicit activity. In a period spanning three years, the company reportedly froze roughly $4.2 billion of USDt to
CryptoBreaking·02-28 11:50

Tether cooperates with the U.S. Department of Justice to actively freeze Tether to combat "pig butchering" money laundering crimes

Tether has frozen approximately $4.2 billion in Tether tokens in coordination with the U.S. Department of Justice's efforts against "pig butchering" scams and money laundering activities. The U.S. authorities recovered $61 million in Tether, indicating an increase in cryptocurrency money laundering activities, especially within Chinese-speaking communities. FATF urges countries to strengthen regulation to combat these types of financial crimes.
ChainNewsAbmedia·02-28 06:59

February crypto startups raised $883 million, down 13% year-over-year

In February, crypto startups received approximately $883 million in venture capital, down about 13% compared to the same period last year. Investors are now more focused on project revenue, user scale, and sustainability, with investment strategies becoming more cautious. Future attention will be on stablecoins, AI agents, and compliance tools.
GateNews·02-28 05:01

Tether freezes $4.2 billion USD Tether related to illegal activities

Tether has frozen approximately $4.2 billion in USDT related to illegal activities, with $3.5 billion this year alone. They also collaborated with the U.S. Department of Justice to freeze $61 million linked to large-scale crypto fraud. USDT's circulating supply has surpassed $180 billion, reinforcing its status as the largest stablecoin. Tether can remotely freeze tokens at law enforcement's request to aid investigations and curb financial crime.
TapChiBitcoin·02-28 04:27

Tether assists U.S. Department of Justice in freezing $61 million in "pig butchering" scam funds, exposing $4.2 billion in criminal freezes

Tether announced on February 27 that it has frozen approximately $4.2 billion worth of cryptocurrency tokens, mainly due to involvement in "illegal activities." The freeze includes $61 million of USDT related to "pig butchering" scams. As a stablecoin issuer, Tether has the ability to remotely freeze specific wallets, demonstrating its centralized nature. Research indicates that cryptocurrency money laundering activities are rapidly increasing, and FATF has called for strengthened regulation to address the associated challenges.
MarketWhisper·02-28 02:08
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Tether's secondary market valuation could reach up to $375 billion, and its largest shareholder's net worth may surpass Buffett

According to Forbes, the valuation of stablecoin issuer Tether could reach $375 billion, significantly increasing the wealth of its executives. It is estimated that Chief Financial Officer Giancarlo Devasini's wealth could be as high as $89 billion, and with a higher valuation, it could exceed $156 billion, potentially ranking among the top ten richest people in the world.
GateNews·02-27 11:51
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