🚨 Crypto News Flash! 🚨

A new report by Elliptic reveals that Tether (USDT) is being widely used in criminal marketplaces, with over $11 billion in illicit transactions over the past three years. The stablecoin is the primary payment method on Huione Guarantee, a platform facilitating cybercriminal activities, including pig butchering and sextortion scams.

Key Points:

- USDT used for money laundering & fake investment schemes.

- Victims often forced into criminal labor in SE Asia.

- Blockchain transparency helps track & freeze illicit funds.

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