Tether makes strategic investment in blockchain forensics firm Crystal Intelligence

Odaily Planet Daily News Tether announced a strategic investment in blockchain forensics company Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not been disclosed. With the increase in cryptocurrency-related scams and frauds, Tether is committed to curbing the illegal use of its USDT stablecoin. This investment will allow Tether to directly use Crystal's full set of tools, including real-time risk monitoring, fraud detection and regulatory intelligence systems, further enhancing its ability to assist global law enforcement agencies in tracking suspicious behavior. (CoinDesk)