The post Tether Invests in Crystal Intelligence to Fight Stablecoin Misuse appeared on BitcoinEthereumNews.com.

Tether invests in Crystal Intelligence to fight stablecoin misuse and crypto crime. Scam Alert flags scam wallets, helping police freeze billions in USDT. Tether and Crystal pledge trust, safety, stronger protections for stablecoin industry. Tether has announced a new step to make the crypto world safer. It has made a strategic investment in Crystal Intelligence, a blockchain analytics company. Such a step will prevent the abuse of stablecoins such as USDT. Tether Invests to Help Police Track $2.7B in Illicit Funds In the past, Tether and Crystal Intelligence collaborated. They have developed Scam Alert, a site that marks wallet addresses associated with a scam or otherwise. This assists individuals and the police to understand which wallets they should not use. The new investment is an element of the larger strategy of Tether. The firm does not want its stablecoin to assist criminals. Rather, it desires USDT to remain secure and reliable among the global population. The FBI stated that crypto frauds are increasing rapidly. In 2024, the crypto scam cost Americans more than 9.3 billion dollars. This was a tremendous rise of 66% over the previous year. Since scams are on the increase, Tether claims that it needs to do something before it is too late. Tether has so far done a lot to assist the police. The company has partnered with over 255 law enforcement agencies in 55 countries. These also include large agencies such as the U.S. Secret Service and the FBI. Collectively, they have frozen over 2.7 billion USDT of crime-related USDT. With this investment into Crystal Intelligence, Tether will provide police and regulators with additional tools. These are the tools which assist in tracing stolen or illegal funds in real time. This means that bad actors have reduced venues to hide. According to the CEO of…

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Filed under: News - @ July 8, 2025 10:22 pm