In Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoFour foreign nationals were arrested in Thailand for a robbery on 8 November, where they forced a Ukrainian tourist, Viacheslav Leibov, to transfer 250,000 USD in cryptocurrency. The suspects, who had prior connections to the victim, were charged with armed robbery, unlawful detention, and coercion.
WeatherlyHong Kong authorities are investigating a cryptocurrency scam in which a 26-year-old woman reported losing approximately HK$93,000 ($12,000) in tether (USDT) at an exchange shop in Mong Kok.
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyBinance and Delhi Police have successfully dismantled a $100,000 scam that duped investors with false claims linked to a fake solar company.
XingChiNigerian authorities are cracking down on unlicensed cryptocurrency firms, securing nearly $100,000 from Paparaxy Global Ventures and Lemskin Technologies for unauthorized USDT transactions. The Economic and Financial Crimes Commission has revealed that both companies entered a plea agreement, highlighting the government's commitment to regulating the cryptocurrency market and combating illegal activities.
WeatherlyCoinbase’s delisting of Tether reflects tightening EU regulations. More tokens face delisting as MiCA is enforced, creating long-term market stability.
BerniceTether is celebrating the 10th anniversary of its stablecoin, USDT, by releasing a documentary called Stability and Freedom in Chaos, highlighting its role in helping people facing inflation and economic challenges in countries like Turkey, Brazil, and Argentina. The film features personal stories and statistics showcasing how USDT has become vital for daily transactions and financial stability in these regions.
JoyIn a shocking turn of events, Isabella Yer Enci, a former accounts executive at Voltron, has admitted to duping a cryptocurrency trader, pocketing over $900,000 worth of her company's digital assets.
XingChiThe FBI, aided by Tether, seized over $6 million in cryptocurrency from a Southeast Asia fraud scheme, underscoring the ongoing battle against scams in the digital asset space.
DanteBitfinex and Tether are accused of market manipulation in an amended lawsuit, with plaintiffs alleging that Tether's unbacked USDT issuance falsely inflated cryptocurrency demand.
DanteConsumers' Research accuses Tether of links to terrorism and human trafficking, launching a multimillion-dollar campaign. Tether denies the claims, citing its work with authorities to prevent illegal use.
ZeZhengTether freezes over $5.2 million USDT linked to phishing, enhancing security measures across blockchain with global law enforcement collaboration.
MiyukiTether assisted U.S. authorities in seizing $1.4M from a tech scam, demonstrating its commitment to fighting financial fraud in the cryptocurrency industry.
MiyukiFTX and Alameda Research face lawsuit alleging USDT scheme. Deltec Bank accused of aiding fund misappropriation. Founder Sam Bankman-Fried convicted of fraud. Legal disputes with Binance, SEC, and CFTC continue. Industry awaits regulatory clarity amidst ongoing legal battles.
Huang BoJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianTether collaborates with OKX and DOJ to investigate the largest ever freeze of USDT. It is related to an international human trafficking group in Southeast Asia.
OliveThe U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
OthersWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Cointelegraph