Cybersecurity
impact 15
Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity
Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity Stablecoin issuer Tether said it coordinated with U.S. authorities to implement one of its largest asset freezes on record.
Why it matters
A useful signal for anyone monitoring freezes. The tether factor makes this more consequential than it first appears.