Tag: Tether

Tether, TRON & TRM Labs Freeze $100M in Crypto Crime – Big W for Blockchain Security

Summary: T3 squad unit is now a well known Financial Crime Unit formed by a union of well known giants; Tether, TRON and TRM Labs and it has locked down over $100M in criminal crypto assets worldwide. This major flex shows criminals that the blockchain isn’t their playground anymore.

Crypto Crime’s Worst Nightmare

The T3 Financial Crime Unit has been teaming up with global law enforcement to shut down sketchy blockchain transactions. From money laundering to investment scams, T3 has been out here catching the bad guys slipping.

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Paolo Ardoino, Tether’s CEO, hyped up the teamwork vibes: “By working with the feds, we’re making sure shady actors can’t misuse USDT.” With over $3B in transactions monitored, T3 is proving blockchain security can be a real thing, not just talk.

TRON’s Justin Sun: “Criminals, Take the L”

Justin Sun, TRON’s founder, didn’t hold back: “Criminals now have 100 million reasons to think twice before messing with TRON.” He’s sending the message loud and clear—crypto crime isn’t the vibe anymore.

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The squad isn’t stopping here. They’re deep-diving into more cases with law enforcement, making blockchain safer for everyone. T3 just showed the world what happens when crypto companies get serious about shutting down the bad guys.

Abu Dhabi Embraces Tether’s USDT as an Approved Virtual Asset

Abu Dhabi just gave Tether’s USDT the official virtual asset status, letting licensed financial institutions offer regulated services with it across blockchains like Ethereum and Solana. This move aligns with the UAE’s goal to be a digital finance hub, blending crypto with traditional finance for innovation and stability.

Abu Dhabi just made a power move in the crypto world by recognizing Tether’s stablecoin, USDT, as an official virtual asset (AVA). The Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority gave the green light, meaning financial institutions can now offer regulated services using USDT across blockchains like Ethereum, Solana, and Avalanche.

This isn’t just a win for Tether but a super flex for the UAE’s digital finance strategy. By integrating this into its regulated ecosystem, Abu Dhabi is essentially just building a bridge between old-school finance and decentralized systems. It’s all about staying ahead in the game and changing the face of crypto market.

With a market cap of massive $138 billion, USDT is already the king of stablecoins, and this move only solidifies its throne. And now with financial providers in ADGM, they can use USDT to create secure, compliant services, backed by the UAE’s rock-solid economic reputation.

Tether’s CEO, Paolo Ardoino, called this a “game-changer,” highlighting how stablecoins are reshaping modern finance. He’s hyped about Tether’s role in helping Abu Dhabi become a leader in digital transformation and economic innovation.

The UAE, especially Abu Dhabi and Dubai, is killing it in the blockchain scene, thanks to its smart regulations. These cities are now global crypto hubs with thriving blockchain communities. Clearly, the UAE isn’t just riding the crypto wave—it’s leading it.

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Tether Partners with Canadian Authorities to Recover Stolen Cryptocurrency

Tether made headlines after helping Canadian police recover $10K CAD in stolen crypto. They froze the funds and managed to get it back to the owner. This cooperation highlights Tether’s support for law enforcement, despite its history of scrutiny over transparency. CEO Paolo Ardoino emphasized their commitment to fighting cybercrime, highlighting on Tether’s work with agencies worldwide. However rumors still swirl about Tether’s legal issues, but more importantly they’re staying focused on expanding globally.

After a long time of staying underground, Tether has finally stepped back into the spotlight. This time its for assisting the authorities in solving a crypto crime. Reportedly, the stablecoin firm helped the Ontario Provincial Police officially in solving a crypto robbery crime worth  $10,000 CAD. Their amazing help showcased the company’s overall increase in commitment to help authorities address crypto-related crimes.

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Ontario Provincial Police Acknowledge Tether’s Role in Recovering Stolen Crypto

The OPP wasted no time in thanking Tether for their assistance in successfully recovering the crypto funds. With the help of Tether, the investigators managed to freeze $7,186, or 10,000 Canadian Dollars in USDT, from the suspect. According to detectives, Tether’s help ensured the quick recovery of the stolen crypto assets and also commended  the crypto firm for its voluntary assistance, which ultimately facilitated the return of the funds to their rightful owner.

Tether’s Response

Paolo Ardoino, Tether’s Chief Technology Officer quickly released a statement after the successful recovery of funds. In the statement he emphasized on the company’s  commitment on helping law enforcement fight through cyber crime. Ardoino further stated that Tether would hold criminals accountable and support all victims. Recently they have even strengthened its efforts especially to help law enforcement.

With this the company has now collaborated with over 195 law enforcement agencies in over 48 countries and are aiming on expanding even further.

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