TLDR Crypto · MISCELLANEOUS

TETHER ONBOARDED FBI TO ITS PLATFORM AS PART OF LAW ENFORCEMENT COLLABORATION

tokeninsight.com1 min read

Summary from the TLDR Crypto newsletter

Tether, the leading stablecoin issuer, has reportedly developed a comprehensive anti-money laundering and counter-terrorist financing system. According to letters to US lawmakers, Tether uses rigorous KYC processes, continuously monitors transactions, and collaborates with law enforcement agencies like the FBI to identify and halt illegal activities. Furthermore, a recent policy allows for the freezing of wallets connected to sanctioned individuals.