The United Nations Office on Drugs and Crime (UNODC) Southeast Asia and Pacific Department released a report specifically discussing the use of cryptocurrencies in illegal activities and underground banks. Tether questioned the United Nations' research on January 15th, emphasizing that the agency's analysis "ignored the traceability of USDT" and ignored its reliable records of cooperation with global law enforcement agencies.Tether stated: "The United Nations should also discuss how centralized stablecoins can improve anti-financial crime work. The United Nations' assessment singled out USDT, emphasizing its involvement in illegal activities, while ignoring its role in helping emerging market economies develop, which are completely ignored by the global financial community because providing services to these communities is not profitable for them."

According to Whale Alert monitoring, at 18:48:48 Beijing time, 69,999,999 USDT ($69,962,549) was transferred from Binance to an unknown wallet.

A recent report by the UN's Office on Drugs and Crime has highlighted the increasing use of Tether, a major player in the cryptocurrency realm, by money launderers and fraudsters in Southeast Asia. The report warns of a supercharged criminal ecosystem and emphasizes the urgent need for cryptocurrency regulations. Tether's speed and irreversible transactions make it an attractive tool for criminals, posing challenges for law enforcement in tracking and recovering illicit funds. The report sheds light on the urgent need for robust cryptocurrency regulations to curb the proliferation of crypto-driven fraud.

According to Whale Alert monitoring, Tether has issued an additional 1 billion USDT.

According to CoinGecko data, the total market value of USDT surpassed $95 billion, reaching $95.024 billion, a new historical high.

As monitored by Scopescan, a newly created wallet received 160.91 million USDT from Tether through two transactions 16 hours ago and deposited all of it into multiple CEX.

According to Whale Alert monitoring, Tether increased the issuance of 1 billion USDT on the Ethereum network.

According to Whale Alert monitoring data, Tether has issued 1 billion USDT on the Ethereum network.Paolo Ardoino, CEO of Tether, stated that this issuance of 1 billion USDT is a replenishment of inventory on the Ethereum network. This is an authorized but unissued transaction, meaning that this issuance will be used for the next issuance request and cross-chain exchange inventory.

According to the latest data, the market value of the stablecoin USDT has surpassed $92.5 billion, reaching a new historical high of $92,606,749,494 at the time of writing, as reported by Jinse Finance.

According to Whale Alert monitoring, at 22:15 today Beijing time, 100,000,000 USDT was transferred from Tether Treasury to an unknown wallet.