United Nations Warning: Tether is increasingly favored by money launderers.

Ritu13

On January 15, according to the Financial Times, Tether has become one of the main payment methods for money launderers and fraudsters operating in Southeast Asia, as warned by the United Nations.

According to a report released on Monday by the United Nations Office on Drugs and Crime, USDT is at the core of a growing fraud industry. This includes strategies such as creating false romantic relationships to gain the trust of victims and then persuading them to transfer large sums of money, commonly known as "romance scams."

The report points out, "In recent years, law enforcement and financial intelligence units have reported the rapid growth in the use of sophisticated, high-speed money-laundering teams specifically dedicated to the use of underground USDT."

Iravan774

There are still a considerable number of people who rely on this for money laundering.

977Iti

Too bad. I don't use USDT, so I can't participate.

Kahn332

Almost every company now has USDT.

Kalkin995

USDT is quite good; it's stable for me.