1. Active Support for Law Enforcement
2. Proactive Measures in Criminal Investigations
3. Global Cooperation and Wallet Blocking

Tether, the world's leading digital asset company, actively supports law enforcement agencies worldwide, helping recover over $108.8 million in USDT tied to illicit activities. Since its launch in 2014, the company has worked with over 145 agencies in 40 jurisdictions, focusing on combatting financial crimes involving cryptocurrency.

Active Support for Law Enforcement

Tether's collaboration with the U.S. Department of Justice (DOJ) underscores its dedication to disrupting illegal activities involving stablecoins. Recently, the DOJ highlighted Tether's role in recovering nearly $5 million in USDT linked to a fraud scheme known as 'pig butchering.' This scheme involved tricking victims into fraudulent online relationships, which then led them to invest in fake cryptocurrency platforms that appeared legitimate. By working closely with the FBI, Tether successfully froze the involved wallets, facilitating the recovery of the stolen funds.

Proactive Measures in Criminal Investigations

Tether's proactive measures have not been limited to specific cases but have extended across global jurisdictions. The company has blocked more than 1,900 cryptocurrency wallets connected to criminal activity, voluntarily cooperating with law enforcement agencies. Tether's approach aims to curb the misuse of its technology, particularly in cyber-enabled financial crimes. Their efforts to assist in investigations have proven effective in stopping illegal activity and redistributing stolen assets back to their rightful owners.

Global Cooperation and Wallet Blocking

Tether CEO Paolo Ardoino emphasized Tether’s dedication to promoting responsible use of cryptocurrencies. Since its inception, Tether has demonstrated that active support for law enforcement and proactive measures are key in combatting financial crimes. The company continues to work on enhancing security measures and collaborating with global agencies to ensure the fair use of its platform.

In conclusion, Tether's efforts in supporting law enforcement and preventing illicit activities in the cryptocurrency space have proven effective. With a proactive stance on security and global cooperation, the company significantly impacts the financial technology sector, aiding in user protection and the recovery of stolen assets.