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 <p class="is-style-lead">In an Oct. 16 post from Tether, the stablecoin issuer confirms it has <a rel="noopener noreferrer nofollow" title="frozen" href="https://thebittimes.com/tag/frozen.html">frozen</a> 32 <a rel="noopener noreferrer nofollow" title="addresses" href="https://thebittimes.com/tag/addresses.html">addresses</a> <a rel="noopener noreferrer nofollow" title="linked" href="https://thebittimes.com/tag/linked.html">linked</a> to illicit activity in Israel and Ukraine.</p>
 <p>These <a rel="noopener noreferrer nofollow" title="addresses" href="https://thebittimes.com/tag/addresses.html">addresses</a> are said to hold $873,118 worth of the Tether stablecoin.</p>
 <h2 class="wp-block-heading" id="crypto-transactions-are-transparent">Crypto transactions are transparent</h2>
 <p>The&nbsp;report&nbsp;also shares that the company is working with the National Bureau for Counter Terror Financing in Israel to continue countering crypto-funded terrorism and warfare.</p>
 <p>Newly appointed Tether CEO Paolo Ardoino emphasized the transparency of cryptocurrency transactions on blockchain platforms, enabling Tether to play an integral role in preventing the use of USDT for terrorist funding.</p>
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 <p>Ardoino stated, “Contrary to popular belief, cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets.”</p>
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   <noscript><iframe title="Myth: Cryptocurrency Enables Criminal Activity - Coinbase Crypto University" width="1020" height="574" src="https://www.youtube.com/embed/eIhK1Otd4ps?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
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 <p>The narrative that cryptocurrencies enable criminal activity has been a common one among skeptics; however, other major players like Coinbase, one of the world’s largest exchanges, have also gone on to debunk this message.&nbsp;</p>
 <h2 class="wp-block-heading" id="working-with-agencies">Working with agencies</h2>
 <p>Tether has cooperated with 31 agencies across 19 jurisdictions, assisting in investigations and freezing approximately $835 million in assets, primarily <a rel="noopener noreferrer nofollow" title="linked" href="https://thebittimes.com/tag/linked.html">linked</a> to theft, including blockchain and exchange hacks, with a smaller portion associated with other criminal activities.&nbsp;</p>
 <p>The countries Tether has collaborated with in this endeavor span Brazil, Singapore, Philippines, Germany, South Korea, Norway, Poland, Switzerland, Greece, Canada, Croatia, Italy, Argentina, Australia, Belgium, Cayman Islands, China, Netherlands, El Salvador, Germany, Hong Kong, India, Ireland, Israel, Kyrgyzstan, New Zealand, Spain, Taiwan, the UK, Ukraine, Estonia, and the United States.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Chinese court requires proof of Tether as legal fiat affirms ban on crypto lending
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/tether-has-frozen-32-addresses-linked-tbt66576.html">https://thebittimes.com/tether-has-frozen-32-addresses-linked-tbt66576.html</a></p>

Tether has frozen 32 addresses linked

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