Tether scandals are growing! 🚨

🔹 According to the Elliptic report, USDT was used in more than 11 billion dollars of illegal transactions in the last 3 years.

🔹 The platform called Huione Guarantee provides a payment method to cybercriminals.

🔹 Linked to pig butchering and sextortion scams.

🔹 Despite the crypto ban in China, Tether usage is increasing.

🔹 USDT also stands out in terrorist financing and ransom demands.

Source: Elliptic