Tether played a key role in assisting Turkish authorities in freezing over half a billion dollars in assets, targeting those suspected of organizing illegal betting and payment operations. This action aligns with Turkey’s increased efforts to regulate digital assets, amidst growing concerns over illegal betting platforms and payment systems in the country. Furthermore, Tether’s collaboration with global law enforcement to combat illicit finance in the crypto sector underlines its commitment to regulatory cooperation.
Tether aids Turkish officials in freezing over $500M in illegal assets
