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Tether helps U.S. Department of Justice seize $6 million in assets linked to crypto fraud Stablecoin issuer Tether said it has worked with the U.S. Department of Justice to seize $6 million worth of digital assets stolen from victims of cryptocurrency fraud schemes. Tether has assisted law enforcement in multiple jurisdictions, blocking more than two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has also redistributed funds to legitimate owners and blocked numerous wallets involved in illegal activities. Fighting the illegal use of cryptocurrency Recently, Tether, a stablecoin issuer, helped the U.S. Department of Justice (DOJ) seize $6 million in digital assets linked to cryptocurrency fraud schemes in Southeast Asia. The funds were stolen from individuals who were victims of fraudulent schemes that mimicked legitimate digital asset exchanges.
Polymarket predicts 61% chance of Bitcoin reaching a new all-time high in 2024, 17% over $100K With bitcoin trading above $65K, crypto-enthusiasts are expecting significant price movements in October. Many still believe BTC will surpass its all-time high before the end of the year. At Polymarket, a blockchain-based prediction platform, current odds show a 61% chance that bitcoin will surpass the record set seven months ago. Polymarket bettors: Bitcoin's historic high is likely, $100K less likely As October approaches, the crypto community is looking forward to what many hope will be a profitable month for bitcoin. Jokingly dubbed “Uptober,” this month has historically produced high returns, with gains of 81.82% of the time since 2013. Enthusiasts are optimistic that this trend will continue, keeping the tradition alive. As of September 29, 2024, bitcoin is worth $65,707 per BTC, just 11% below its all-time high of $73,737 set on March 14, 2024.
Why use a car when you can invest your money into cryptocurrency Buying more bitcoins can affect your life, and your kid’s life.