Tether Freezes $500 Million in Assets Linked to Turkish Gambling Ring

Tether, the issuer of the world’s most widely traded stablecoin, has frozen more than $500 million in digital assets. The funds are linked to a massive illegal gambling and money-laundering syndicate in Turkey. Tether Marks One of Crypto’s Largest Crackdowns The freeze targets assets reportedly owned by Veysel Sahin, an individual Turkish prosecutors accuse of orchestrating a sprawling illegal betting network. Notably, this move marks one of the largest single-asset seizures in the cryptocurrency sector to date source: https://beincrypto.com/tether-usdt-freeze-turkish-crypto-gambling-syndicate/