🚨 Tether Freezes $544M in Crypto Assets in Turkey
Tether has frozen $544M in crypto at the request of Turkish authorities, linked to an illegal online gambling & money laundering network.
🔹 Data from Elliptic shows Tether & Circle have blacklisted ~5,700 wallets, freezing $2.5B, with 2/3 in USDT.
🔹 CEO Paolo Ardoino confirms action followed law enforcement info under global compliance rules.
🔹 Tether has previously worked with the U.S. DOJ & FBI on similar operations.
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