November 21, 2023 – Tether, the largest company in the cryptocurrency industry, continues its unwavering commitment to combat illicit activities and provide support to victims through its assistance to, and support of, law enforcement agencies. As the U.S. Department of Justice just touted in a press release, Tether again helped law enforcement thwart the bad actors and aid their victims' recovery.
In line with its dedication to upholding the integrity of the financial ecosystem, Tether recently onboarded the United States Secret Service into its platform and will be working with the Federal Bureau of Investigation to do the same. This strategic initiative aims to extend crucial support to victims affected by crimes under investigation by the U.S. Department of Justice. Tether remains resolute in aligning its efforts with law enforcement to combat nefarious activities and contribute to victim recovery.
Paolo Ardoino, CEO of Tether, emphasized the company's stance, stating, "Tether remains steadfast in its commitment to supporting law enforcement efforts and aiding victims in their recovery. We condemn the misuse of USDT or any cryptocurrency for illicit purposes and are fully committed to collaborating with global law enforcement agencies."
Tether’s assistance to the U.S. Department of Justice stands as a tangible testament to the enduring relationship between the cryptocurrency industry and law enforcement agencies. These ongoing efforts exemplify Tether's proactive approach to supporting law enforcement initiatives and underscore its dedication to contributing positively to the global financial ecosystem.
Driving the Future of Money
Tether supports and empowers growing ventures and innovation throughout the blockchain as a digital token built on multiple blockchains.