Tether’s USDT stablecoin under scrutiny for money laundering and scams in Southeast Asia

The United Nations (UN) has warned about the increasing use of Tether’s USDT stablecoin for money laundering and scams in Southeast Asia. In a report, the UN expressed concerns about the prominent role that USDT has played in illegal activities, particularly in the region. According to the UN report, online gambling platforms, especially those operating…