by: xpoolPosted on:

Tether Freezes $27 Million in USDT Tied to Garantex Amid Global Sanctions

Following global sanctions imposed by the U.S. and EU, Tether has frozen $27 million in USDT assets linked to Garantex, a Russian cryptocurrency exchange. This action underscores Tether’s commitment to regulatory enforcement. The freeze highlights concerns among Russian crypto users about access to stablecoin liquidity. It also reflects Tether’s history of targeting illicit activities involving stablecoins.

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