This $15-20 billion round of funding may be more about influence than cash, as it signals Tether’s intention to become not just a stablecoin issuer but also an institution with global influence in a wide range of sectors.
JinseFinanceThe FBI, aided by Tether, seized over $6 million in cryptocurrency from a Southeast Asia fraud scheme, underscoring the ongoing battle against scams in the digital asset space.
DanteBitfinex and Tether are accused of market manipulation in an amended lawsuit, with plaintiffs alleging that Tether's unbacked USDT issuance falsely inflated cryptocurrency demand.
DanteConsumers' Research accuses Tether of links to terrorism and human trafficking, launching a multimillion-dollar campaign. Tether denies the claims, citing its work with authorities to prevent illegal use.
ZeZhengTether freezes over $5.2 million USDT linked to phishing, enhancing security measures across blockchain with global law enforcement collaboration.
MiyukiTether assisted U.S. authorities in seizing $1.4M from a tech scam, demonstrating its commitment to fighting financial fraud in the cryptocurrency industry.
MiyukiFTX and Alameda Research face lawsuit alleging USDT scheme. Deltec Bank accused of aiding fund misappropriation. Founder Sam Bankman-Fried convicted of fraud. Legal disputes with Binance, SEC, and CFTC continue. Industry awaits regulatory clarity amidst ongoing legal battles.
Huang BoTether collaborates with OKX and DOJ to investigate the largest ever freeze of USDT. It is related to an international human trafficking group in Southeast Asia.
OliveThe U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
OthersWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Cointelegraph