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Tether Assists U.S. Authorities in Freezing Terror-Related Funds and Reissuing Approximately $1.6 Million USDT

By: theblockbeats.news|2025/07/24 08:02:26

BlockBeats News, July 24th, Tether announced that it assisted U.S. authorities in freezing and reissuing approximately 1.6 million USDT, which were associated with Gaza-based BuyCash company and suspected of being involved in terrorist financing.

This action is part of a U.S. Department of Justice civil forfeiture case involving approximately $2 million in digital assets. Tether stated that it has frozen over $2.9 billion USDT, collaborated with 275 law enforcement agencies covering 59 jurisdictions, and pledged to continue supporting global law enforcement in combating illicit activities.

The number of ETH waiting to be unstaked has increased to 637,500

“Big Brother Maji” lost more than $8.71 million on Hyperliquid