Tether advisor Gabor Gurbacs stated on social media platform X that if Argentine President Javier Milei wants to both shut down the central bank and delay dollarization, his best choice would be to purchase Bitcoin and hard assets (gold and commodities) to immediately strengthen the Argentine peso. This will inspire confidence. Then, accept loans from the International Monetary Fund to make the US dollar and Bitcoin legal tender.

According to ChainArgos monitoring, Tether has once again blacklisted 8 Tron wallet addresses. These wallets seem to mainly transfer funds between multiple exchanges in Asia and Kraken, and may have interacted with currency service providers such as Al Mutahadun and Dubai For Exchange, which were sanctioned by Israel (not confirmed).

Tether and Bitfinex have agreed to give up their opposition to the New York Freedom of Information Law (FOIL) request made by a group of journalists, including ZekeFaux of Bloomberg Businessweek. The two companies stated in a joint statement that this is part of their "commitment to transparency," although opposition does not mean complete disclosure of all their documents. The statement said, "It is necessary to clarify that transparency does not mean bulk release of all our documents, which is not in line with standard business practices."

Santiment has posted on social media that Bitcoin has reached $38,300 for the first time since May 5, 2022. Among many contributors, the top 100 largest Tether (USDT) addresses have increased by $1.67 billion in purchasing power over the past six months, a growth of 9.7%. If the purchasing power of whale USDT continues to increase, BTC above $40,000 may be on the horizon.

Tether and Bitfinex have dropped their initial opposition to a freedom of information (FOIL) request made by several news publications, including Coindesk. The companies have stated that they are committed to transparency but will not be releasing all their documents. They have called for responsible document review before any public release of information. The FOIL request was made after Tether and Bitfinex settled a legal dispute with the New York attorney general's office and agreed to submit quarterly transparency reports for two years.

Paolo Ardoino, CEO of Tether, announced on social media that Tether has issued 1 billion USDT on the Tron network. Please note that this is authorized but not yet issued, which means that this issuance will be used as inventory for the next issuance request and chain exchange.

According to data monitored by Lookonchain, in the past two hours, a whale received 75 million USDT from Tether Treasury and deposited it again into Kraken and Coinbase. Since October 20th, the whale address has received a total of 1.067 billion USDT from Tether Treasury and deposited it into exchanges.

On November 21, Tether has reportedly deposited over $1 billion with Britannia Financial Group's subsidiary, as reported by the Financial Times citing London's High Court documents. The deposit is said to be related to a legal dispute between Britannia Financial and Arbitral International, a company registered in the British Virgin Islands.According to court documents, Tether opened an account with Britannia Financial's subsidiary in November 2021.

Tether, the issuer of the third-largest digital currency USDT, has frozen $225 million believed to belong to a human trafficking syndicate in southeast Asia. The self-custodied digital wallets holding USDT were linked to a "pig butchering" scam, and Tether worked with crypto exchange OKX and blockchain analysis firm Chainalysis to track the funds and alert the authorities. Tether CEO Paolo Ardoino said the collaboration with the U.S. Department of Justice underscores the company's dedication to fostering a secure environment and setting a new standard for safety within the crypto space. However, Tether is a controversial company that has been slow to provide documentation to prove the backing of USDT and is not independently audited.

On November 20th, USDT issuing company Tether announced on its official website that OKX announced today that they have cooperated with the US Department of Justice (DOJ) to conduct an investigation, which led to Tether voluntarily freezing about 225 million USDT tokens in external self-hosted wallets, which are associated with an international human trafficking group in Southeast Asia, which is involved in leading the global "pig-killing plate" scam.