Tether disappointed with UN report

[Zed0X]

The story goes like:

The UN claims that USDT has been instrumental in the money laundering and illegal gambling activities in East Asia. Basically, USDT is one of the currencies used by an alleged criminal organization/s for cross-border transfers and money bleaching.

Tether is unhappy about this and said they've been very cooperative with law enforcement around the globe. They boast about USDT's traceability and they also flex over US$300 million they've frozen over the past few months.

https://www.unodc.org/roseap/uploads/documents/Publications/2024/Casino_Underground_Banking_Report_2024.pdf
https://tether.to/en/tether-challenges-un-report-and-calls-for-blockchain-education/