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💵 Tether helped Turkey confiscate $544 million in USDT
🚨 Tether CEO Paolo Ardoino stated that his company assisted Turkish authorities in seizing assets related to illegal betting platforms worth more than $500 million.
“We were approached by law enforcement, provided with some information, reviewed it, and acted in accordance with the country's laws,” Ardoino said.
➡️ This concerns the business of gambling magnate Weisel Shahin, who is accused of operating illegal betting platforms and money laundering.
Tether claims to have assisted law enforcement in over 1800 cases across 62 countries, freezing $3.4 billion in USDT linked to alleged illegal activities.