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Bitcoinist 2024-05-14 19:00:20

Tether’s Latest Crackdown: $5.2 Million Frozen To Stop Phishing Scandals In Their Tracks

To combat illicit financial activities, Tether, the entity behind the world’s largest stablecoin by market capitalization, has frozen approximately 5.2 million USDT. The crypto tracking and compliance platform MistTrack detailed this action, which targeted 12 Ethereum addresses identified as part of phishing operations. Related Reading: Stablecoin Exchange Inflows See Severe Drop: Why This Is Bad

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