Tether has frozen roughly $4.2 billion in USDT linked to illegal activities, including $3.5 billion since 2023. Recently, the company helped the U.S. Department of Justice block $61 million connected to “pig-butchering” scams. With a total circulating supply now above $180 billion, Tether can remotely freeze tokens in user wallets when requested by authorities, demonstrating how stablecoins can play a role in combating crypto-related crime.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
New AI Hub connects Claude, Cursor, Codex and other AI assistants directly to spot, collateral…
Bipartisan talks on the CLARITY Act's ethics provisions resumed on Capitol Hill on Tuesday, with…
BNB and Cardano remain two of the most watched utility-driven assets in crypto, but traders…
The AAVE price is back on traders' radar after climbing nearly 8% from $88 to…
Solana (SOL) price continues to trade within a steady recovery channel after rebounding sharply from…
The ENA price is finally showing signs of life after months of relentless selling. Since…
