Tether froze $4.2B in tokens tied to illicit activity in 3 years: Report
Tether has reportedly frozen $4.2 billion worth of tokens linked to illicit activities over the past three years. This action is part of the company's efforts to combat fraud and enhance compliance with regulatory standards. The frozen tokens are associated with various criminal activities, including scams and money laundering. Tether's proactive measures reflect its commitment to maintaining the integrity of its stablecoin and the broader cryptocurrency ecosystem.
Read the full article: Coin Telegraph