Tether Assists U.S. Authorities in Freezing Terror-Related Funds and Reissuing Approximately $1.6 Million USDT
BlockBeats News, July 24th, Tether announced that it assisted U.S. authorities in freezing and reissuing approximately 1.6 million USDT, which were associated with Gaza-based BuyCash company and suspected of being involved in terrorist financing.
This action is part of a U.S. Department of Justice civil forfeiture case involving approximately $2 million in digital assets. Tether stated that it has frozen over $2.9 billion USDT, collaborated with 275 law enforcement agencies covering 59 jurisdictions, and pledged to continue supporting global law enforcement in combating illicit activities.
You may also like
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
Trump, the best stock trader among U.S. presidents
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The cryptocurrency industry has become a traditional industry
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
