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Cryptopolitan 2024-05-03 12:32:04

Tether Partners with Chainalysis to Enhance Compliance Measures

Tether USDT has allegedly been used on several occasions to fund illegal transactions. The stablecoin reportedly provides an easy escape route for untraceable financial transactions between sanctioned states among others. The allegations of USDT playing a key role in helping money laundering activities and scams have raised eyebrows within the industry, necessitating stringent compliance measures.

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