đš Tether Freezes $1.6M USDT in Anti-Terror Effort â Collaborates with U.S. Authorities đĄïžđ°
Tether is stepping up its compliance game once again! The stablecoin giant has joined forces with U.S. authorities to freeze and reissue nearly $1.6 million in USDT, allegedly tied to Gaza-based BuyCash â a firm suspected of facilitating terror-related financing.
This move is part of a broader civil forfeiture case by the U.S. Department of Justice, targeting approximately $2 million in illicit digital assets.
But thatâs not all:
đ Tether has already frozen $2.9B+ in USDT to date,
đźââïž Collaborated with 275+ law enforcement agencies across 59 global jurisdictions,
đ And reaffirmed its commitment to battling illegal activity on-chain.
From freezing funds to assisting global crackdowns, Tether is proving stablecoins arenât just fast â they can be fiercely regulatory-aligned too.