Tether says it has frozen approximately $4.2 billion in USDT related to illicit activities, and this week assisted in freezing $61 million related to a "pig butchering" scam.

PANews reported on February 28th that, according to Reuters, Tether stated it has frozen approximately $4.2 billion in USDT "linked to illicit activities," with about $3.5 billion of that occurring since 2023. This week, it assisted the U.S. Department of Justice in freezing nearly $61 million in USDT related to "pig-butchering" scams. Tether claims it can remotely freeze USDT in users' wallets upon request from law enforcement.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together