Tether Aids Turkey in Confiscating $544 Million in Crypto Linked to Illegal Betting

Tether has assisted in the seizure of $544 million related to illegal betting in Turkey, marking a significant achievement in combating illicit activities.

Tether has recently announced its role in assisting Turkish authorities in the confiscation of $544 million in cryptocurrency associated with an illegal betting operation. This significant action highlights Tether's commitment to supporting law enforcement in the fight against illicit activities.

To date, Tether reports its involvement in over 1,800 investigations across 62 nations, successfully freezing an impressive total of $3.4 billion in USDT linked to suspected unlawful activities. This showcases the company’s proactive approach in ensuring that its platform is not exploited for illegal purposes.