The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are choosing to use tether because they know that “cryptocurrency regulations are way behind [the illicit activity].”
Underground Tether Money Laundering Teams
According to a study conducted by the United Nations Office on Drugs and Crime (UNDOC), the stablecoin tether or USDT has emerged as one of the payment methods often chosen by money launderers and fraudsters operating in Southeast Asia. In addition, the stablecoin was found to be at the heart of the so-called pig butchering scams.
Online gambling platforms, many of which are unregulated, have turned out to be the most preferred vehicles for money launderers using tether, the study findings have reportedly shown. The latest findings come at a time when law enforcement agencies and global intel
We współpracy z: https://news.bitcoin.com/usdt-at-the-heart-of-pig-butchering-scams-says-the-un/
