Tether Assists Law Enforcement in Freezing Over $5 Billion in Illicit Assets
Tether (Tether) has collaborated with over 340 law enforcement agencies across 67 countries to address more than 2,800 cases, including over 1,600 involving U.S. authorities. These efforts have resulted in the freezing of more than $5 billion in assets linked to illegal activities, with over $2.5 billion frozen in cooperation with U.S. agencies. Recent notable cases include the freezing of approximately $225 million linked to human trafficking and pig-butchering scams, $61 million related to investment fraud, and over $344 million in collaboration with the U.S. Office of Foreign Assets Control (OFAC).
Summaries are written by AI from the original article. Not investment advice.