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Tether reported taking action against the illicit actors targeting it.
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Tether seized 32 wallets holding $873,118 worth of crypto assets, collectively.
Cryptocurrencies and their use by malicious actors, even terrorist groups, to carry out illicit activities have seen an uptick in the past some time. The recent warfare and terrorist activities shed light on the issue and the discussion on the subject takes a fresh start. Some reports found that the illicit actors prefer Tether’s USDT the most. Recently the company reported to do something about it and took some action.
Reuters reported that Tether is playing its part in eliminating the crypto funds belonging to terror groups and entities involved in warfare. In a recent action, the stablecoin issuer company seized about 32 cryptocurrency wallets it found were involved in “terror and warfare” activities in Israel and Ukraine.
Collectively, these wallets had $873,118 worth of crypto assets
We współpracy z: https://www.thecoinrepublic.com/2023/10/17/tether-takes-action-against-terrorism-and-warfare-report/
