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Tether became a political powerhouse in 2024

Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.

US sanctions Russian money laundering network that used USDT

TGR Group, an alleged Russian money laundering network, has been disrupted by a joint effort from the US, UK and the UAE.

Although bitcoin stole the show amid Donald Trump’s election, the unchanged price of USDT hid its own, equally significant victory.

In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.

Despite Tether’s previous promises that it would stop extending secured loans, the program has quietly continued.