Tether has announced a strategic investment in blockchain forensics firm Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not yet been disclosed. With the increase in cryptocurrency-related scams and fraudulent activities, Tether is committed to curbing the illegal use of its $USDT stablecoin. This investment will give Tether direct access to Crystal's full suite of tools, including real-time risk monitoring, fraud detection, and regulatory intelligence systems, further enhancing its ability to assist global law enforcement agencies in tracking suspicious activity. (CoinDesk) [Odaily Planet Daily]
Tether has announced a strategic investment in blockchain forensics firm Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not yet been disclosed. With the increase in cryptocurrency-related scams and fraudulent activities, Tether is committed to curbing the illegal use of its USDT stablecoin. This investment will give Tether direct access to Crystal's full suite of tools, including real-time risk monitoring, fraud detection, and regulatory intelligence systems, further enhancing its ability to assist global law enforcement agencies in tracking suspicious activity. (CoinDesk) [Odaily Planet Daily]