Tether Freezes $49.6M in ‘Pig Butchering’ Funds – Chainalysis, Binance, OKX Join APAC Crackdown
Stablecoin issuer Tether has frozen practically $50 million in USDT tied to a Southeast Asia-based “pig butchering” rip-off in a joint operation with blockchain intelligence agency Chainalysis, crypto exchanges Binance and OKX, and regional legislation enforcement. The newest freeze exhibits the rising function of trade collaboration in dismantling cross-border prison networks that exploit cryptocurrencies to…
