{"id":555608,"date":"2023-10-16T17:00:36","date_gmt":"2023-10-16T17:00:36","guid":{"rendered":"https:\/\/uniquehot.com\/?p=555608"},"modified":"2023-10-16T15:13:53","modified_gmt":"2023-10-16T15:13:53","slug":"tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine\/","title":{"rendered":"Tether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine"},"content":{"rendered":"

Tether, the world’s <\/span>largest stablecoin company<\/span><\/a>, has reaffirmed its commitment to combating cryptocurrency-funded terrorism and warfare by collaborating with law enforcement agencies worldwide.\u00a0<\/span><\/p>\n

The company has frozen 32 addresses containing $873,118.34, allegedly linked to<\/span> illicit activities<\/span><\/a> in Israel and Ukraine.\u00a0<\/span><\/p>\n

Tether Collaborates With Global Law Enforcement<\/span><\/h2>\n

According to a <\/span>blog post<\/span><\/a> on October 16, Tether has played a significant role in assisting 31 law enforcement agencies across 19 jurisdictions, <\/span>freezing <\/span><\/a>$835 million in assets primarily associated with thefts from blockchain and exchange hacks.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Surges 7% In 10 Minutes On Fake iShares ETF News<\/a><\/div>\n

The company’s collaborations span various countries, including Brazil, Singapore, Germany, Canada, Argentina, China, Ukraine, and the United States. By actively engaging with authorities, Tether aims to contribute to the fight against cybercrime and ensure stolen funds are returned to legitimate users. The company further stated:\u00a0<\/span><\/p>\n

Of this, Tether has frozen 32 addresses, containing $873,118.34, that were found to be linked to illicit activity in Israel and Ukraine. Tether has been working with the NBCTF in Israel to counter cryptocurrency-funded terrorism and warfare.<\/span><\/p><\/blockquote>\n

The ability of Tether to freeze and return illicitly obtained funds highlights the traceability and transparency of <\/span>blockchain <\/span><\/a>transactions. Contrary to common misconceptions, cryptocurrency transactions are not anonymous; they are meticulously recorded on the blockchain, allowing for the tracking and tracing of fund movements.\u00a0<\/span><\/p>\n

CEO Stresses Traceability<\/span><\/h2>\n

The recently <\/span>announced <\/span><\/a>CEO of Tether, Paolo Ardoino, emphasized that criminals using cryptocurrencies for illegal activities will inevitably be identified. Ardoino stated:\u00a0<\/span><\/p>\n

Tether remains committed to promoting responsible blockchain technology use and standing as a robust defense against cybercrime. We eagerly anticipate continued collaboration with global law enforcement agencies as part of our commitment to global security and financial integrity.<\/span><\/p><\/blockquote>\n

While Tether’s actions demonstrate the industry’s capacity to combat criminal use effectively, some critics within the blockchain industry continue to scrutinize the crypto sector, often neglecting to address the slow or inadequately equipped traditional financial system’s role in combating criminal funding.\u00a0<\/span><\/p>\n

On this matter, Tether’s CEO emphasized the importance of recognizing the traceability and trackability of blockchain transactions, which serve as potent deterrents to illicit activities.<\/span><\/p>\n

Related Reading: Crypto Shorts See Carnage As Bitcoin Surges Towards $28,000<\/a><\/div>\n

As the stablecoin company behind <\/span>USDT <\/span><\/a>continues to collaborate with law enforcement agencies globally, the company’s efforts highlight the potential of blockchain technology to enhance financial security and integrity.\u00a0<\/span><\/p>\n

The traceability of transactions provided by blockchain technologies offers a robust defense against cybercrime and illicit financial activities.<\/span><\/p>\n

As the fight against cybercrime intensifies, continued collaboration between cryptocurrency companies and law enforcement agencies will play a crucial role in ensuring the integrity and stability of the digital asset space.<\/span><\/p>\n

\"Tether\"
The total crypto market cap rollercoaster price action on the daily chart after briefly hitting the $1.15 trillion mark. Source: TOTAL on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Tether, the world’s largest stablecoin company, has reaffirmed its commitment to combating cryptocurrency-funded terrorism and warfare by collaborating with law enforcement agencies worldwide.\u00a0 The company has frozen 32 addresses containing $873,118.34, allegedly linked to illicit activities in Israel and Ukraine.\u00a0 Tether Collaborates With Global Law Enforcement According to a blog post on October 16, Tether has played a significant role in assisting 31 law enforcement agencies across 19 jurisdictions, freezing $835 million in assets primarily associated with thefts from blockchain and exchange hacks.\u00a0 Related Reading: Bitcoin Price Surges 7% In 10 Minutes On Fake iShares ETF News The company’s collaborations span various countries, including Brazil, Singapore, Germany, Canada, Argentina, China, Ukraine, and the United States. By actively engaging with authorities, Tether aims to contribute to the fight against cybercrime and ensure stolen funds are returned to legitimate users. The company further stated:\u00a0 Of this, Tether has frozen 32 addresses, containing $873,118.34, that were found to be linked to illicit activity in Israel and Ukraine. Tether has been working with the NBCTF in Israel to counter cryptocurrency-funded terrorism and warfare. The ability of Tether to freeze and return illicitly obtained funds highlights the traceability and transparency of blockchain transactions. Contrary to common misconceptions, cryptocurrency transactions are not anonymous; they are meticulously recorded on the blockchain, allowing for the tracking and tracing of fund movements.\u00a0 CEO Stresses Traceability The recently announced CEO of Tether, Paolo Ardoino, emphasized that criminals using cryptocurrencies for illegal activities will inevitably be identified. Ardoino stated:\u00a0 Tether remains committed to promoting responsible blockchain technology use and standing as a robust defense against cybercrime. We eagerly anticipate continued collaboration with global law enforcement agencies as part of our commitment to global security and financial integrity. While Tether’s actions demonstrate the industry’s capacity to combat criminal use effectively, some critics within the blockchain industry continue to scrutinize the crypto sector, often neglecting to address the slow or inadequately equipped traditional financial system’s role in combating criminal funding.\u00a0 On this matter, Tether’s CEO emphasized the importance of recognizing the traceability and trackability of blockchain transactions, which serve as potent deterrents to illicit activities. Related Reading: Crypto Shorts See Carnage As Bitcoin Surges Towards $28,000 As the stablecoin company behind USDT continues to collaborate with law enforcement agencies globally, the company’s efforts highlight the potential of blockchain technology to enhance financial security and integrity.\u00a0 The traceability of transactions provided by blockchain technologies offers a robust defense against cybercrime and illicit financial activities. As the fight against cybercrime intensifies, continued collaboration between cryptocurrency companies and law enforcement agencies will play a crucial role in ensuring the integrity and stability of the digital asset space. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":555613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[14690,15947,89020,5515,89617,4100,88618,88617],"class_list":["post-555608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-news","tag-crypto-news-accounts","tag-crypto-ukraine","tag-cyber-crime","tag-israel-conflict","tag-tether","tag-tether-ceo","tag-tether-usd"],"acf":[],"yoast_head":"\nTether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine<\/title>\n<meta name=\"description\" content=\"Tether has reaffirmed its commitment to combating crypto-funded terrorism by collaborating with law enforcement agencies worldwide.\u00a0\" \/>\n<meta name=\"robots\" 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With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/uniquehot.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Tether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine","url":"http:\/\/uniquehot.com\/news\/tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-17.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-17.jpg?fit=390%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto news","crypto news accounts","crypto ukraine","cyber crime","israel conflict","tether","tether ceo","tether usd"],"dateCreated":"2023-10-16T17:00:36Z","datePublished":"2023-10-16T17:00:36Z","dateModified":"2023-10-16T17:00:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tether-freezes-32-crypto-addresses-linked-to-terrorism-in-israel-and-ukraine\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_download-17.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_download-17.jpg?fit=390%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto news\",\"crypto news accounts\",\"crypto ukraine\",\"cyber crime\",\"israel conflict\",\"tether\",\"tether ceo\",\"tether usd\"],\"dateCreated\":\"2023-10-16T17:00:36Z\",\"datePublished\":\"2023-10-16T17:00:36Z\",\"dateModified\":\"2023-10-16T17:00:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-17.jpg?fit=390%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/555608"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=555608"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/555608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/555613"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=555608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=555608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=555608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}