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