Tether Announces Investment in Blockchain Forensics Firm Crystal Intelligence to Combat Cryptocurrency Crime

On July 8, CoinDesk reported that Tether announced a strategic investment in blockchain forensics company Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not yet been disclosed. With the increase in cryptocurrency-related scams and fraud, Tether is committed to curbing the illegal use of its $USDT stablecoin. [Deep Tide TechFlow]