Tether intensifies fight against illicit transactions, collaborating with U.S. authorities and sharing letters with Senate and House committees.
Implements Chainalysis reactor tool to track suspicious activity, freezing 326 wallets and strengthening security in the secondary cryptocurrency market.
Tether, the stablecoin issuer, is stepping up its commitment to transparency and collaboration with U.S. authorities. It has recently shared letters with members of the U.S. House Financial Services Committee and the U.S. Senate Banking, Housing and Urban Affairs Committee. These letters reflect its focus on stepping up the fight against illicit crypto transactions.
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