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United Nations reports USDT used for money laundering across SE Asia

USDT has become a popular payment method for criminal gangs, particularly those in the gambling industry, operating in Southeast Asia.

Tether founder Brock Pierce defaults, loses hotel, sues partner

Brock Pierce has sued his business partner Joseph Lipsey III alleging that he manufactured a default to “steal” the W Resort.

At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.

Cantor Fitzgerald CEO Howard Lutnick bragged about holding Tether’s treasuries in a recent CNBC interview.

A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.