📰 Tether was criticized in the UN report: USDT was allegedly used in illegal activities. Tether argues that this assessment is unfair. 🌐
- Tether highlighted its positive impact on emerging markets and said the global financial sector neglects these communities because it is not profitable.
- The company has defended its position by cooperating with global law enforcement agencies such as the United States Department of Justice (DOJ), Federal Bureau of Investigation (FBI), and United States Secret Service (USSS).
- Tether has frozen more than $300 million in recent months to prevent criminal use of crypto assets.
🔍 The UNODC report indicates that USDT is an important tool for money laundering activities in the region. Attention has been drawn to the growing prevalence of USDT transactions based on the Tron blockchain.
- Tether highlighted that there are still many opportunities to combat financial crime on blockchain platforms.
- The company said it was ready to cooperate with the UN: “We believe it will benefit from the UN expanding its understanding of blockchain technology and making major improvements in the fight against financial crime. »