Two violent home invasions in France led to $667K in crypto theft at knifepoint, traced by investigator ZachXBT to a suspect flaunting wealth on Telegram. The stolen Bitcoin was laundered through Chainflip and KuCoin, with some converted to USDT on Ethereum. Following the trail, Tether froze $93K in USDT linked to the suspect's Ethereum address, locking those funds amid ongoing investigations. This case highlights Tether's unique ability to freeze tokens, a key tool against crypto crime, though no arrests have been reported yet.
Tether CEO Paolo Ardoino stated that the company has frozen wallet addresses linked to Iran, reducing stablecoin transaction volume by 94%. This challenges Senate minority staff allegations that Tether failed to freeze illicit wallets associated with...
Tether CEO Paolo Ardoino responded to a Senate Democrats report accusing the company of enabling significant financial activity in Iran. Ardoino highlighted that Tether freezes suspicious transactions well before official sanctions are imposed, claim...
Stablecoins now total about $300.3 billion across 47 blockchains, with Ethereum holding roughly 54.1% of the supply and Tron 31.4%. In Q3 2026, Tron increased its stablecoin supply by $5 billion while Ethereum's supply dropped by $4.9 billion. Tron a...
Tether's CEO announced a 94% decline in stablecoin transaction volume linked to Iran, highlighting the company's enhanced compliance measures amid U.S. sanctions. This significant drop, if independently verified, would mark a major reduction in sanct...
Tether CEO Paolo Ardoino disputed a Senate report accusing the company of delays in freezing Iran-linked wallets, stating that since 2023, Tether has frozen flagged addresses on average four weeks before official U.S. and Israeli sanctions designatio...
