Tether Assists DOJ in $225M Stablecoin Seizure Linked to ‘Pig Butchering’ Fraud

Tether, the provider of the world’s biggest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for helping in a major enforcement operation. The partnership caused the seizure of approximately $225 million in USDT tied to a global …

Tether, the company of the world’s largest stablecoin, has actually been applauded by the U.S. Department of Justice (DOJ) for helping in a significant enforcement operation. Tether’s $2.7 B USDT Crackdown Tether mentioned that the seizure aligns with its mission to promote compliance, openness, and safety in the digital asset area. Tether Supports GENIUS Act Compliance Push As the most commonly used U.S. dollar-pegged stablecoin, Tether has actually long been at the center of regulatory disputes.

Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for helping in a significant enforcement operation. Tether’s $2.7 B USDT Crackdown Tether mentioned that the seizure lines up with its objective to promote compliance, openness, and security in the digital possession space. Tether Supports GENIUS Act Compliance Push As the most extensively utilized U.S. dollar-pegged stablecoin, Tether has actually long been at the center of regulative disputes.