According to ChainCatcher, Argentinian authorities have ordered Tether to freeze $3.5 million in assets associated with Rainbowex, an alleged pyramid scheme that affected thousands of people.
This was the first time that the Argentine judicial system had interacted with Tether to complete an asset freeze order. The operation executed 22 search warrants and detained 10 people in San Pedro.
In addition, two Red Alert international arrest warrants have been issued for two Malaysians.
