according to the official website announcement, Tether announced that it is assisting US authorities in freezing and reissuing approximately 1.6 million USDT, which is related to the Gaza financial network BuyCash, which is involved in terrorist financing activities. This action is part of a larger civil forfeiture case by the US Department of Justice. So far, Tether has frozen over 5,000 wallets, assisted over 275 law enforcement agencies worldwide in seizing over 2.9 billion USDT. Recently, Tether also assisted Brazilian authorities in freezing $6.2 million in funds and helped the US Department of Justice seize $225 million USDT.
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Tether helps US authorities freeze $1.6 million in terror financing funds
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