Tether freezes $344M USDt stablecoins at US law enforcement request
The stablecoin issuer cited "activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.
The stablecoin issuer cited "activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Tether blacklists wallet linked to $120M USDT transfer, freezes $72M
Tether's frequent fund freezes highlight the centralized control over USDT, raising concerns about asset accessibility and regulat...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
Crypto Laundering Network Linked To Ransomware Gangs Dismantled By Law Enforcement
TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activit...
Monero Jumps 30% After ZachXBT Traces $120M USDT Laundering Run Through Privacy Coin
Monero surged roughly 30% to an intraday high of $438 late Thursday ET after blockchain investigator ZachXBT traced a $120 million...