🇺🇸🕵️ According to Reuters, Tether has frozen approximately $4.2 billion worth of $USDT linked to illicit activity, with about $3.5 billion of that amount frozen since 2023. This week, the company assisted the U.S. Department of Justice in freezing nearly $61 million tied to "pig-butchering" scams. USDT's total circulating supply now exceeds $180 billion. Tether can remotely freeze tokens in users’ wallets upon requests from law enforcement. #regulation
#crypto
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🇺🇸🕵️ According to Reuters, Tether has frozen approximately $4.2 billion worth of $USDT linked to illicit activity, with about $3.5 billion of that amount frozen since 2023. This week, the company assisted the U.S. Department of Justice in freezing nearly $61 million tied to "pig-butchering" scams. USDT's total circulating supply now exceeds $180 billion. Tether can remotely freeze tokens in users’ wallets upon requests from law enforcement. #regulation
#crypto