Foresight News reports that Tether has assisted U.S. authorities in freezing and reissuing approximately $1.6 million USDT from wallets associated with Buy Cash Money and Money Transfer Company (BuyCash). BuyCash has previously been linked to terrorist financing activities.
To date, Tether has frozen over $2.9 billion USDT related to illegal activities and has assisted more than 275 law enforcement agencies across 59 jurisdictions.