Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Sen. Blumenthal Urges Treasury and DOJ to Investigate Tether Over Iran’s Use of USDT
Iran and its regional proxies rely on Tether’s USDT more than any other cryptocurrency to move money around sanctions, according t...
Tether Says It Helped Freeze Nearly $550 Million in Iran-Linked USDT
Tether said Sept. 28 that it had helped U.S. authorities freeze approximately $550 million in USDT during 2026 across wallets auth...
Tether’s USDT linked to Iran’s shadow banking system, Senate report finds
The Senate report on USDT's role in Iran's shadow banking could prompt stricter crypto regulations, impacting global stablecoin ma...
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network.
Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
At about 04:20 UTC Monday, Bitget's public feed showed BTC and ETH futures trades taking place after the exchange's Sept. 24 secur...
Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.