Tether freezes $344 million in USDT on Tron tied to 'illicit activity'
Burns Brief
The stablecoin issuer said the action followed U Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows.
Key Takeaways
- law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows