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Tether Assists US Authorities in Freezing Funds Linked to Terrorism and Reissues Approximately 1.6 Million USDT

Summary: Tether announced its assistance in freezing and reissuing approximately 1.6 million USDT with funds related to Gaza-based BuyCash company, suspected of financing terrorism. This action is part of a civil forfeiture case by the US Department of Justice involving around 2 million USD worth of digital assets. Tether has frozen over 2.9 billion USDT, collaborated ...

Tether announced its assistance in freezing and reissuing approximately 1.6 million USDT with funds related to Gaza-based BuyCash company, suspected of financing terrorism. This action is part of a civil forfeiture case by the US Department of Justice involving around 2 million USD worth of digital assets. Tether has frozen over 2.9 billion USDT, collaborated with 275 law enforcement agencies across 59 jurisdictions, and pledged to continue supporting global law enforcement in combating illegal activities.

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Link: Tether Assists US Authorities in Freezing Funds Linked to Terrorism and Reissues Approximately 1.6 Million USDT [Copy]

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