TechFlow news, July 24 — According to an official announcement, Tether announced it has assisted U.S. authorities in freezing and reissuing approximately $1.6 million in USDT linked to BuyCash, a Gaza-based financial network involved in terrorist financing activities. This action is part of a larger civil forfeiture case led by the U.S. Department of Justice. To date, Tether has frozen over 5,000 wallets and assisted more than 275 law enforcement agencies worldwide in seizing over $2.9 billion in USDT. Recently, Tether also assisted Brazilian authorities in freezing $6.2 million and helped the U.S. Department of Justice seize $225 million in USDT.
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