Tether, the issuer of the largest US dollar stablecoin, plans to invest $500 million in bitcoin mining, signaling a significant shift in its strategy. However, Tether has also frozen $225 million in USDT tokens linked to an international human trafficking syndicate in Southeast Asia, following an investigation by the United States Department of Justice. This is the largest-ever freeze of USDT in history. The frozen funds were associated with criminal activities such as romance scams and 'pig butchering' scams, prompting the DOJ to seize $9 million in Tether tokens.
The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country https://t.co/lTTq174kG7
The U.S. Department of Justice (DOJ) has seized $9 million in #tether ($USDT) allegedly linked to “#pigbutchering” #crypto scams. https://t.co/79RPLQ3nWk
US Seizes $9 Million in #Tether Allegedly Linked to #PigButchering #Crypto Scams https://t.co/79RPLQ3nWk
Tether Reality: Tether ordered to turn over hundreds of millions of dollars laundered through Tether and criminal activity supported by Tether. Tether Spin: Tether partners with US Government to return funds. As if they have a fucking choice. Fun Fact: Tether knew about the… https://t.co/FaPeOFDTe8 https://t.co/RN6RGkfqkV
Oh my, I just had a funny thought. Imagine if Tether was unable to produce records of the matching deposits for the Tethers that have been frozen. Because then it sure looks like Tether is printing money for criminals & terrorists. The Tethers get followed to the issuance…
.@TheJusticeDept seized $9 million worth of @Tether_to's $USDT in relation to a "pig butchering scam." https://t.co/P5fChI5erl
DOJ acts against crypto romance scams, seizing funds in collaboration with Tether. https://t.co/AYCTAwC3SG
in other news... DOJ seized $9M worth of tether through scams known as "pig butchering" ????????? https://t.co/2ygQB0VvN6
The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country https://t.co/FXL8RKV3Jg
The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country https://t.co/DkJgl4HWyk
The US government seized almost $9 million worth of Tether tokens traced to an organized network of scammers who stole millions from victims across the country https://t.co/DRbAs7nv9z
the doj press release from earlier today praised tether for their help in freezing funds. so probably not about to announce a large scale enforcement action against them. https://t.co/6aBfz4LvqS
JUST IN: 🇺🇸 DOJ seizes $9M worth of Tether from a crime organization that committed cryptocurrency romance scams widely known as "pig butchering" 👀😮 https://t.co/tCW6ItGGbp
.@TheJusticeDept seized $9 million worth of @Tether_to's $USDT in relation to a "pig butchering scam." Reporting by @oknightcrypto. https://t.co/sDOEdZcal3
Here’s what’s poppin’: - 🏦 SEC accuses Kraken of securities law violations, intensifying industry regulation efforts. - 💸 Binance negotiates over $4B DOJ settlement, but CEO Changpeng Zhao might face criminal charges. - ❄️ Tether, OKX freeze $225M in USDT in DOJ-linked human… https://t.co/5r27VWz1NW https://t.co/Zy3dl7wMB0
#Tether Freezes $225 Million in #USDT After DOJ Investigation, Calling It 'Largest-Ever Freeze of USDT' ⬇️ #cryptonews https://t.co/Ulm89jjbbN
#Tether has announced the "largest-ever freeze of $USDT in history" following an investigation by the U.S. DOJ. https://t.co/ac91Li42zV
I wonder why Tether doesn't want to disclose where their "customers" money is... Tether deposited $1bn at investment group founded by Tory donor, funds from the world’s largest stablecoin issuer are at the centre of a High Court battle. https://t.co/M5qzPKxhXv
CRYPTO FIRM TETHER SAYS IT HAS FROZEN $225 MILLION LINKED TO HUMAN TRAFFICKING (Reuters) Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. https://t.co/3zQR0aziDM
#Tether Freezes $225 Million in $USDT After DOJ Investigation, Calling It 'Largest-Ever Freeze of #USDT' https://t.co/ac91Li42zV
Cryptocurrency Firm Tether Freezes $225 Million Linked to Human Trafficking via @gatewaypundit https://t.co/YvzVGpS8gI
ICYMI: Tether freezes $225 million worth of stolen USDT after DOJ investigation https://t.co/N8T13vtprA
Crypto firm Tether says it has frozen $225 mln linked to human trafficking https://t.co/cI4WjhiXrW https://t.co/8NIcY0fN9s
Stablecoin giant #Tether said Monday that it froze $225 million of its digital tokens to help feds investigate a human trafficking operation. Read more: https://t.co/zsrEcdgkGv
Tether doesn't do any of this. The $225M USDT freeze and terrorist financing actually proves there is no compliance/KYC/AML "protocol." I love when Tether lies in plain sight while everyone continues to trust and not verify. https://t.co/zx68LxlwEP
Tether Freezes $225M USDT Feds Say Is Linked to Human Trafficking ► https://t.co/E4tCMAb8AZ https://t.co/E4tCMAb8AZ
Tether reveals scale of crypto romance scams by freezing $225m in USDT tied to organised crime. Case sheds light on shadowy world of human trafficking and crypto. https://t.co/KEcrEc7YtX
.@Tether_to collaborates with DOJ, freezing $225M in $USDT to combat a romance scam syndicate. https://t.co/wvDHTsTXk8
🚨 Crypto Security Update: #Tether, in collaboration with #OKX and the U.S. DOJ, has proactively frozen $225M in USDT linked to an international crime syndicate. This largest-ever freeze demonstrates the power of blockchain transparency in combating illicit activities. The… https://t.co/90oT18ZzxW
💰 Crypto firm Tether says it has frozen $225 million linked to human trafficking Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in Southeast Asia. The U.S. Secret Service… https://t.co/ppOIPhkroB https://t.co/lve5r9OBV8
One of the possible reasons that Tether is resistant to freezing criminal proceeds, is understandably Tether executives don't want to end up dead. They've built a business with their primary customers/users being criminals, and well, criminals aren't exactly going to use the… https://t.co/nAIv8SOb22 https://t.co/eRopHZX5mc
In a coordinated move with the United States Department of Justice (DOJ), cryptocurrency firm Tether and global crypto exchange OKX have frozen $225 million in USDT tokens. @Juampiaranovich writes https://t.co/nwslqzmt1b
Tether freezes $225 million worth of stolen USDT after DOJ investigation https://t.co/nIAHXeFj5Y
Tether freezes $225 million in USDT linked to human trafficking. While you might think this is good, its also a reminder that your stable coins like many crypto assets are confiscatable and can be seized by governments. Stop leaving large amounts of money in the control of… https://t.co/5ArrUjXdPw
🚨 Tether freezes $225M linked to human trafficking.
🚨 Tether freezes $225M linked to human trafficking
Tether to International Criminal Organization: Sorry we had to freeze your 225 million Tethers to save face. Setup a fake bitcoin mining operation and we’ll invest $225 million into it and you don’t have to pay us back just declare bankruptcy like all the other bitcoin miners.
Tether has frozen $225 Million in USDT - the largest freeze in history, for its connection to a human trafficking syndicate in Asia Obviously not supporting human trafficking but the fact that they can & will turn off your money at the click of a button… https://t.co/38hpix4juy
The funds seized by Tether were linked to a “pig butchering” scam that cost U.S. citizens $3.3 billion in 2022, according to the FBI https://t.co/o6XKHUUZ7z
TETHER HELPS DOJ, FREEZES $225M Tether has frozen $225 million of its own currency due to an investigation by the U.S. Department of Justice (DOJ) into a Southeast Asian human trafficking syndicate. This action follows months of investigation using blockchain analysis tools… https://t.co/Ed1aqCVrFZ https://t.co/rpccIH28Cg
Tether froze ~225M $USDT (37 wallets) linked to a human trafficking group 1 hour ago. These wallets had been moving $USDT before being frozen, with most of the $USDT being transferred to #OKX. Check frozen TX here. https://t.co/TlfFJvpgiW https://t.co/vEMTd3YzBq
NEWS: Tether collaborates with DOJ to freeze funds linked to a “human trafficking syndicate in Southeast Asia” https://t.co/G5YM93SVZw
“Voluntarily” An international crime syndicate has been using Tether fraud for years without any intervention. Remember that Tether performs zero compliance on chain transactions and even tells theft victims to get fucked when they fall victim to pig butchering scams. The… https://t.co/oS7o0x4be1 https://t.co/MB0WSlpIEI
.@Tether_to has frozen $225 million of its stablecoin following an investigation by the DOJ into an international human trafficking syndicate. Reporting by @oknightcrypto https://t.co/1H4Zv5gIN8
“Tether only laundered $140,000 for terrorist organizations”. Terrorists are probably not hanging onto these Tethers very long, chances are they’re in the hands of a supplier/merchant/exchange. They probably already exited the position. https://t.co/cucOrZUT18
Breaking: Tether and OKX today announced the largest-ever freeze of USDT in history. They have collaborated with the United States Department of Justice to freeze 225 million in USDT tokens linked to an international human trafficking syndicate in Southeast Asia responsible for a… https://t.co/1Ps6M8bMb0
Breaking: Tether and OKX today announced the largest-ever freeze of USDT in history. They have collaborated with the United States Department of Justice to freeze 225 million in USDT tokens linked to an international human trafficking syndicate in Southeast Asia responsible for a… https://t.co/Ni7Vpg8T8N
JUST IN: Tether freezes $225 million in $USDT linked to human trafficking group.
TETHER: Following Investigations by Tether, OKX, and the U.S. Department of Justice, Tether Voluntarily Freezes 225M in Stolen USDT Linked to International Crime Syndicate https://t.co/SiWhUKTdlG
ICYMI: Tether Dives Into Bitcoin Mining with $500M Investment 🌐 Tether steps up its game in the Bitcoin mining industry, planning a hefty $500 million investment. The strategy involves constructing new facilities in Latin America, signaling a significant shift in Tether's… https://t.co/ihRYv7CTC7
Tether is taking steps to become a top Bitcoin miner in the already highly competitive sector https://t.co/G8YpGYdhRe
Tether Bitcoin Mining Venture: $500M Investment Announced “Being a private company that generates enormous amounts of cash even in the bear market, Tether is uniquely positioned to make massive anti-cyclical investments.” https://t.co/lVFNazxGuS https://t.co/iJRezPVBQo
What's happening in crypto? 🌪️ @coinbase is challenging sanctions against Tornado Cash. 🗳️ @VivekGRamaswamy, a GOP candidate, unveils a crypto-friendly policy agenda. ⛏️ Tether sets its sights on becoming a significant player in Bitcoin mining. https://t.co/k9d5shaiO3
Tether, the issuer of the largest US dollar stablecoin, is aiming to become a bitcoin miner, and it's planning to invest $500 million to establish itself as a major player, per Bloomberg.
Tether's #Bitcoin Mining Ambition: A $500 Million Venture into Crypto's Core https://t.co/lzxFQDf5y1
Stablecoin issuer Tether plans to invest half a billion dollars in building its own Bitcoin mining facilities and other miners across the world. https://t.co/hDzewwraeJ
Tether Charts Strategic Course in #Bitcoin Mining, Plans $500 Million Infusion https://t.co/lzxFQDf5y1
JUST IN: Tether plans on spending $500M to become one of the world's largest #Bitcoin miners 👀 With mines in 🇺🇾 Uruguay, 🇵🇾 Paraguay and 🇸🇻 El Salvador, they aim to grow their share to 1% of the total #Bitcoin hash rate https://t.co/S0NIUdZU30
Tether Holdings ventures into Bitcoin mining, investing $500 million to establish operations in Uruguay, Paraguay and El Salvador https://t.co/TVOOuHzLM3
Tether plans to spend ~$500M over the next six months to become one of the world's top Bitcoin miners, after acquiring a 20% stake in Northern Data in September (Bloomberg) https://t.co/3tw3h5H0Tl 📫 Subscribe: https://t.co/OyWeKSQRTe https://t.co/x6nFCeW7Am
Tether is planning to invest about $500 million over the next six months to become one of the world's largest Bitcoin miners, according to Bloomberg. Tether will build Bitcoin mining farms in Uruguay, Paraguay and El Salvador, and plans to reach 120 MW by the end of 2023, and 450… https://t.co/ClrjUvRDQa
Tether is taking steps to become a top Bitcoin miner in the already highly competitive sector https://t.co/7s7Pg37nP7
Tether is taking steps to become a top Bitcoin miner in the already highly competitive sector https://t.co/v2EWZjDH8b
Tether is taking steps to become a top Bitcoin miner in the already highly competitive sector https://t.co/3bpIRxdpeJ
New Tether fraud exchanges coming up left and right. https://t.co/zIaF7kOil8
I like the tether accounts that are like “lol you’re still here”. They’ve done this since 2017, and since then a literal mountain of evidence has come out against Tether to the point where even US Senators are calling for criminal prosecutions against the Tether fraud. Why the… https://t.co/PxNECyYCwX