Tether Protests UN Accusations of USDT Being Used in Crime, Argues Blockchains Are Impractical for Illicit Use

Tether is pushing back against recent accusations from a United Nations agency that its stablecoin, USDT, is used extensively for money laundering and fraud in Asia. In a new report, the United Nations Office on Drugs and Crime (UNODC) claims criminals in East and Southeast Asia prefer to use USDT on the Tron (TRON) blockchain...

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