Tether Aids Authorities in Seizure of $12M USDT Tied to Fraud

Published at 2025-11-13 19:28:10

Tether worked with Thai police and the U.S. Secret Service in a joint operation that resulted in the seizure of about $12 million worth of USDT tied to an alleged fraud ring. Authorities say the seizure followed coordinated investigative work across jurisdictions, with Tether providing support that helped trace and identify funds associated with the network.

The case highlights increased collaboration between major crypto issuers and law enforcement, reinforcing anti-money laundering efforts and accountability in the stablecoin sector. For users and regulators, the operation may signal that issuers can play a practical role in disrupting illicit finance, though it also raises questions about cross-chain enforcement and the limits of on-chain controls.

StablecoinsLaw EnforcementTetherUSDTCrypto ComplianceAnti-Money Laundering

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At Binance’s Blockchain Week in Dubai (Dec. 3–4), Ripple CEO said stablecoins are gaining recognition, signaling growing institutional and regulatory attention. His remarks highlight potential momentum for on‑chain payments and firms working with fiat‑linked tokens, including XRP.

RippleStablecoinsBinanceXRPDubaiBlockchain Week

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Congress Grills Fed's Bowman as Lawmakers Clash Over Stablecoin Rules

Representative Stephen Lynch pressed Fed governor Michelle Bowman about remarks she made on digital assets at a November conference in Madrid, sparking a heated exchange as lawmakers debated oversight. The hearing highlighted growing congressional frustration over regulatory gaps for stablecoins.

StablecoinsRegulationCongressCrypto PolicyFed

Published at 2025-12-02 21:00:15

China Launches Crackdown Targeting Stablecoins Amid Global Currency Concerns

Chinese authorities have opened a fresh crackdown on stablecoins, tightening rules and enforcement that hit issuers and cross‑border flows. Observers warn the moves could be about control or part of a broader push that heightens geopolitical currency tensions.

ChinaRegulationStablecoinsFinancial StabilityCBDCCryptocurrency

Published at 2025-12-02 12:16:04

Fed’s Bowman Signals New Rules Targeting Banks and Stablecoins

Fed Governor Michelle Bowman said regulators are preparing new rules aimed at banks and stablecoins, flagging tighter oversight to address risks and regulatory gaps. The announcement points to forthcoming policy moves that could reshape how banks interact with stablecoin issuers.

RegulationStablecoinsFinancial StabilityFederal ReserveCryptoBanks

Published at 2025-12-02 02:00:07

Germany and Switzerland Dismantle $1.4B Cryptomixer in Europol Raid

Germany and Switzerland, with Europol coordination, dismantled Cryptomixer, a nine-year-old crypto mixing service accused of laundering roughly $1.4 billion for ransomware groups and darknet markets. The takedown removes a long-standing money-laundering hub from the ecosystem.