Argentina asks Tether to freeze 3.5 million USDT linked to Rainbowex

AI Summary

According to Odaily, Argentina has asked Tether to freeze 3.5 million USDT associated with Rainbowex, a company suspected of running a pyramid scheme affecting thousands of people.

The operation involved 22 search warrants and resulted in the arrest of 22 people. Rainbowex allegedly deceived investors with promises of cryptocurrency returns while operating a closed-loop system that denied withdrawals.

Investigations revealed that actors were hired to pose as company representatives at events.

$BTC

#MarketRebound