Crypto Token Tracker logo Crypto Token Tracker logo
Coin Edition 2024-01-15 11:30:00

Tether (USDT) Emerges as Go-to Currency for Scammers, UN Warns of Growing Threat

Stablecoin Tether (USDT) is increasingly becoming the payment method of choice for money launderers, according to a report by the United Nations Office on Drugs and Crime. The report reveals that Tether has emerged as a leading choice among fraudsters and money launderers operating in Southeast Asia. With a market capitalization exceeding $94 billion, Tether The post Tether (USDT) Emerges as Go-to Currency for Scammers, UN Warns of Growing Threat appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.