October 25: The US Department of Justice is investigating the stablecoin for possible third-party use for drug trafficking, money laundering, and other illegal activities.
As usual, people started to panic and sell a little.
Let's look at what happened before:
September 2024: Tether helped the US Department of Justice track down and freeze $6 million.
November 2023: Tether froze $225 million amid a DOJ investigation into a human trafficking syndicate.
The list goes on. This is typical FUD (fear, uncertainty, and doubt), nothing more.
Short sellers, are you ready?
