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The Daily Hodl 2024-01-17 17:55:20

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 The post Tether Protests UN Accusations of USDT Being Used in Crime, Argues Blockchains Are Impractical for Illicit Use appeared first on The Daily Hodl .

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