🚀 Tether Assists U.S. Authorities in Freezing $1.6 Million USDT Linked to Terror Financing
#Tether #USDT #TerrorFinancing #DigitalAssets #LawEnforcement #CivilForfeiture #BuyCash #FinancialCrime
According to PANews, Tether has announced its collaboration with U.S. authorities to freeze and reissue approximately $1.6 million in USDT. These funds are associated with the Gaza-based company BuyCash and are suspected of being linked to terror financing. This action is part of a civil forfeiture case by the U.S. Department of Justice involving around $2 million in digital assets.
Tether has stated that it has frozen over $2.9 billion in USDT and has worked with 275 law enforcement agencies across 59 jurisdictions. The company has pledged to continue supporting global law enforcement efforts to combat illegal activities.#Tether #USDT #TerrorFinancing #DigitalAssets #LawEnforcement #CivilForfeiture #BuyCash #FinancialCrime
🚀 Concerns Raised Over Hyperliquid's Structural Issues in Crypto Industry
#Hyperliquid #CryptoIndustry #KyleSamani #MulticoinCapital #PANews #StructuralIssues #IllegalActivities #TerrorFinancing #ClosedSource #PermissionedAccess
Kyle Samani, former managing partner at Multicoin Capital, expressed concerns on the X platform about structural issues within the crypto industry, specifically highlighting Hyperliquid. According to PANews, Samani pointed out that the project's founder had left their home country to develop the project. Additionally, the platform has been accused of potentially facilitating illegal or terror-related financial activities. The project also employs a closed-source architecture and has certain permissioned access controls. However, these statements are primarily personal opinions and lack specific evidence or detailed technical explanations.#Hyperliquid #CryptoIndustry #KyleSamani #MulticoinCapital #PANews #StructuralIssues #IllegalActivities #TerrorFinancing #ClosedSource #PermissionedAccess