Tether Assists Turkish Authorities in Freezing $544M in Assets
ByAinvest
Saturday, Feb 7, 2026 5:22 am ET1min read
USDT--
Tether, a $185 billion stablecoin issuer, assisted Turkish authorities in freezing over $500 million in assets tied to an alleged money laundering and illegal betting scheme. The move is part of a wider crackdown in Turkey, with over $1 billion in assets seized so far. Tether has ramped up its efforts to work with global law enforcement agencies, blacklisting over 5,700 wallets containing around $2.5 billion.
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