Drug cartels use cryptocurrency Tether to launder money, court documents reveal
George Mihalcea
Tether (USDT), currently the third-largest cryptocurrency by market capitalization, has been under intense scrutiny for several months due to federal investigations into its alleged role in facilitating cross-border money laundering. Now, a recent report by 404 Media highlights Tether’s growing use as a money laundering tool for Mexican drug traffickers, according to the U.S. Federal authorities. Suggested Reading Elon Musk's Neuralink gets approval to test whether its brain chip can control a
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