🚨Crypto Alert: Tether's USDT stablecoin is increasingly being used by criminal gangs in Southeast Asia for money laundering and illegal online gambling, according to a UN report. The surge in scams has led to a growing use of sophisticated money laundering teams specializing in underground tether. Despite this, Tether is collaborating with U.S. law enforcement to combat illicit crypto transactions. Over 1,260 addresses linked to illegal activities have been banned, with the total USDT in banned wallets exceeding $875 million.💰🔍
What are your thoughts on USDT's role in these scams? Share your opinions below!👇