Survivors and relatives of terror attacks linked to Iran's IRGC have petitioned a Manhattan federal court to compel Tether to release $344 million in frozen USDT. These funds were immobilized after U.S. sanctions identified the assets as belonging to the IRGC, a designated terrorist entity. The petition argues Tether, which controls USDT centrally, has the capability and legal duty to redistribute these assets to victims holding judicial awards. This case is part of a broader legal strategy using cryptocurrency platform controls to enforce terrorism compensation claims. The court has yet to rule on the petition.
In the past 24 hours, Bitcoin (BTC), USD Coin (USDC), and Tether (USDT) recorded net inflows, indicating increased investor interest. BTC had net inflows of $28.17 million, USDC led with $67.15 million, and USDT followed with $24.79 million. Converse...
Tron, Tether, and blockchain analytics firm Chainalysis have launched the Digital Crime Task Force to combat illicit activity involving Tether's USDT stablecoin on the Tron blockchain. The partnership aims to identify suspicious wallets, share intell...
Tron, Tether, and Chainalysis have created the Digital Crime Task Force to identify and disrupt illegal USDT transactions on the Tron blockchain. This coalition aims to reduce the time between detecting suspicious activity and freezing funds, especia...
Tether, Tron, and blockchain intelligence firm Chainalysis have launched the Digital Crime Task Force to detect and freeze illicit USDT transactions on the Tron blockchain early, preventing criminals from moving stolen funds. This initiative aims to ...
Democracy Defenders Fund has requested the U.S. Attorney and FBI to investigate whether former White House crypto adviser Bo Hines discussed employment with Tether while shaping federal stablecoin legislation. Hines's financial disclosures show no re...
