2 significant events occurred in the past 24 hours.
DOJ and Tether seize $5M
2024-08-25 14:46:22 EDT, Sentiment: 0.65
DOJ thanks Tether for helping seize $5 million USDT from fraudulent schemes.
DOJ Thanks Tether for Assistance in Seizure of $5,000,000 USDT in Fraud Scheme
Summary: The U.S. Department of Justice has seized nearly $5 million worth of USDT, with Tether assisting in recovering funds stolen by crypto investment scammers. This action targets funds laundered through various wallets in a fraud scheme known as pig butchering.
- Sentiment: 0.3
- The Daily Hodl @ 2024-08-25 14:46:22 EDT Read More
$5 Million Pig Butchering” Scheme Disrupted by DOJ & Tether Cooperation
Summary: The U.S. DOJ seized nearly $5 million in USDT from a “pig butchering” crypto scam, with Tether aiding by freezing associated wallets. The case highlights Tether's ongoing role in supporting law enforcement against crypto-related fraud.
- Sentiment: 0.6
- blockonomi @ 2024-08-26 04:46:13 EDT Read More
DOJ Seizes $5M Worth of $USDT From Malicious Wallets in Cooperation With Tether
Summary: The US DOJ seizes $5M worth of $USDT from malicious wallets in cooperation with Tether, resolving a ‘pig butchering’ scheme.
- Sentiment: 0.0
- The Tech Report @ 2024-08-26 05:06:56 EDT Read More
Tron leads stablecoin market share.
2024-08-25 12:51:18 EDT, Sentiment: 0.7
Tether decides not to launch its blockchain due to a crowded market, with USDT continuing to lead in stablecoin market share.
Stablecoins: Tron leads in market share amid crypto’s evolving landscape
Summary: In May 2021, the Tron network led in Stablecoin transactions with 408 billion USDT transferred, surpassing Ethereum’s 318 billion USDT. Tron’s lower transaction fees and efficient user experience have significantly bolstered its dominance in the USDT market.
- Sentiment: 0.6
- The National @ 2024-08-25 12:51:18 EDT Read More
USDT vs. XAUt vs. aUSDT: A Look at Tether's Stablecoins
Summary: Get a 20 USDT coupon instantly and up to 5,000 USDT in rewards by signing up today.
- Sentiment: 0.5
- Bybit Learn @ 2024-08-26 00:00:00 EDT Read More
Tether Forgoes Its Blockchain Launch Due to a Crowded Market
Summary: Tether has abandoned its plan to launch its own blockchain, citing market saturation. The company is content with USDT’s use across existing blockchains, emphasizing its satisfaction with being blockchain agnostic while leveraging existing networks for stability and security.
- Sentiment: 0.2
- Live Bitcoin News @ 2024-08-26 04:30:59 EDT Read More
