Major Stablecoin Issuer Tether Freezes $870,000 Linked to Criminal Activities in Israel and Ukraine

By CryptoNews - 6 months ago - Reading Time: 1 minutes

Major Stablecoin Issuer Tether Freezes $870,000 Linked to Criminal Activities in Israel and Ukraine

The largest stablecoin issuer, Tether, has announced the freezing of 32 addresses associated with criminal funds related to incidents in Israel and Ukraine, amounting to $870,000.
On October 16, Tether stated that they had been working with the Israeli crime control authority, NBCTF, to counter cryptocurrency-funded terrorism and warfare. Tether says that it is collaborating with 31 countries to freeze criminal finances, with a total of $835 million in assets frozen to date. ...
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Original source: CryptoNews