Tether Helps Law Enforcement Recover Over $108.8M in Illicit USDT

Tether has helped recover $108.8M in illicit USDT.
Recent collaborations include freezing $225M with the DOJ and $873K with Israel.

Since its inception in 2014, Tether has actively collaborated with law enforcement agencies globally to combat illegal activities involving its stablecoin, USDT. The company has played a significant role in helping 145 law enforcement agencies recover more than $108.8 million in USDT. This amount was tied to various illicit activities. The company actively targets wallets connected to illicit activities as part of its strategy to combat cryptocurrency crime.

To further its efforts, Tether has voluntarily blocked over 1,900 cryptocurrency wallets worldwide. These wallets were identified as being connected to illicit activities. Furthermore, they have been a part of the company's proactive strategy to combat crime in the cryptocurrency space. Tether has also publicly condemned the misuse of USDT or any cryptocurrency for criminal activities. Reinforcing its stance on maintaining a secure and transparent ecosystem for its users.