Tether CEO: We have an internal investigation team and have blocked more than $1.3 billion so far
Paolo Ardoino, the CEO of Tether, stated in a post on the X platform that Tether has a professional internal investigation team that monitors both the primary market (Tether's core platform) and the secondary market (blockchain and exchanges) using various tools.
- Since its establishment, Tether has cooperated with 124 law enforcement agencies in over 40 different countries.
- Since its establishment, Tether has frozen over $1.3 billion, mainly related to fraud, hacking, and ML. Approximately $1.6 million is related to terrorism financing.
- In the past 12 months, Tether voluntarily cooperated with law enforcement agencies to block 198 wallet requests (90 of which were in cooperation with US law enforcement agencies), and in the past 3 years, it has cooperated with 339 requests (158 of which were in cooperation with US law enforcement agencies).
- Tether has cooperated with US law enforcement agencies to freeze over $639 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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