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⚡️🧊 NEW - Tether has frozen $13.4 million USDT spread across 22 Ethereum and Tron wallets as part of ongoing litigation and compliance efforts with law enforcement.

This action reignites debates about stablecoin centralization and financial control.

Tether claims to have frozen more than $3.2 billion in USDT linked to criminal activity, in collaboration with more than 290 law enforcement agencies in 59 countries.

Over the past year, the company has blocked no fewer than 3,660 wallets.

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Jamie 2mo ago

I’ve heard some bitcoiners state that stablecoins are good for bitcoin as they create a path to bitcoin. Increased adoption of stablecoins creates an increased adoption of bitcoin. It may, but this is an example of why I won’t support them

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