The U.S. government is investigating Tether, the company behind the USDT stablecoin, for possible violations related to sanctions and money laundering. Recent reports highlight concerns that USDT may have been used for illegal activities, including funding terrorism and evading sanctions. A major issue involves around $20 billion in USDT transactions going through Garantex, a Russian exchange that has been sanctioned for links to crime.

This investigation is part of a larger effort by the Department of Justice and other federal agencies to ensure that stablecoins like USDT comply with financial regulations. Tether claims to cooperate with law enforcement and actively freezes accounts connected to criminal activity. However, regulators are increasingly focused on the risks that stablecoins might pose to national security and financial stability.

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