Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet – Legal Bitcoin News
March 15, 2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks one of the first times that the U.S. has recovered USDT from an unhosted wallet.
Tether Helps U.S.