Tether: Has Frozen Approximately 1,850 Wallets Linked to Illegal Activity in Cooperation with 180 Institutions Across 45 Jurisdictions
Tether's Reserves: Mostly US Treasury Bonds
Golden Finance reports that Tether, in a statement on its website, has disclosed that its reserves primarily consist of US Treasury bonds, with a holding exceeding $976 billion. If Tether were considered a country, its US Treasury bond holdings would rank 18th globally, surpassing Germany, the UAE, and Australia.
Since its inception, Tether has collaborated with 180 institutions across 45 jurisdictions, freezing approximately 1,850 wallets linked to illegal activities and recovering over $113.8 million in assets. Recently, Tether decisively acted against the notorious North Korean hacking group LazarusGroup, freezing and blacklisting them.
