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2 Kommentare
tldr; Tether, the issuer of the USDT stablecoin, has frozen $4.2 billion in USDT tokens linked to illicit activities over the past three years. This action highlights Tether’s role in combating financial crime through its address blacklisting mechanism, making it a key partner for regulators. However, it has sparked debates about centralization and the potential risks to user trust in a decentralized ecosystem. Critics argue that Tether’s discretionary power lacks transparency and legal recourse, raising concerns about the balance between regulation and decentralization in the crypto space.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
lol they’re not freezing these coins because they care or want to. They’re doing it because law enforcement is making them and they want to continue their scheme. It makes them “look good”