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Tether, the world's largest stablecoin issuer, said in a post on its X account that it had frozen 32 addresses linked to terrorism and war in Israel and Ukraine.
Making a detailed statement about the incident in its blog post, Tether announced that it had frozen 32 addresses containing $ 873,118.34, which were found to be linked to illegal activities in Israel and Ukraine.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine
 Read more:<a href="https://t.co/aKt3WOG1AS" rel="noopener noreferrer nofollow">https://t.co/aKt3WOG1AS</a>
 — Tether (@Tether_to) <a href="https://twitter.com/Tether_to/status/1713889235499983172?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 16, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Tether also stated that it is working with the NBCTF in Israel to counter cryptocurrency-financed terrorism and war.
“Tether, the world's largest cryptocurrency company, continues to take swift action against the illegal use of its stablecoin to finance terrorism and crime-related activities. At this point, Tether has been linked to illegal activities in Israel and Ukraine,” Tether said in a statement. “He froze 32 addresses containing $873,118.34,” he said.
Tether CEO Paolo Ardoino made the following statements in his statement on the subject:
<blockquote>
 “Cryptocurrency is a powerful tool, but it is not and should not be a tool for crime.
 Contrary to popular belief, cryptocurrency transactions are not anonymous; these are the most traceable and traceable assets. Every transaction is recorded on the blockchain, making it possible for anyone to track the movement of funds.
 As a result, criminals foolish enough to use cryptocurrencies in illegal activities will inevitably be detected.
 Tether remains committed to promoting the responsible use of blockchain technology and being a strong defense against cybercrime.
 “We look forward to continued collaboration with global law enforcement as part of our commitment to global security and financial integrity.”
</blockquote>
*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/tether-announced-it-has-freezed-32-cryptocurrency-addresses-here-are-the-details/">Tether Announced It Has Freezed 32 Cryptocurrency Addresses! Here are the Details…</a>

Tether Announced It Has Freezed 32 Cryptocurrency Addresses! Here are the Details…

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