Tether Strategically Invests in Blockchain Forensics Company Crystal Intelligence

Tether has announced a strategic investment in blockchain forensics firm Crystal Intelligence to combat cryptocurrency crime. The specific investment amount has not yet been disclosed. With the increase in cryptocurrency-related scams and fraudulent activities, Tether is committed to curbing the illegal use of its $USDT stablecoin. This investment will give Tether direct access to Crystal's full suite of tools, including real-time risk monitoring, fraud detection, and regulatory intelligence systems, further enhancing its ability to assist global law enforcement agencies in tracking suspicious activity. (CoinDesk) [Odaily Planet Daily]