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Tether Invests in Crystal Intelligence to Combat Illicit Stablecoin Use

  • Tether has invested in Crystal Intelligence, a blockchain analytics firm, to combat illicit stablecoin use.
  • Crystal Intelligence provides risk monitoring, fraud detection, and regulatory intelligence solutions to strengthen investigative tools used by enforcement agencies.
  • Tether's investment in Crystal Intelligence aims to enhance tracking of funds, freeze unlawful funds, and support investigations across jurisdictions.
  • Both Tether and Crystal Intelligence have supported the development of a platform called Scam Alert to detect scams and abuses in real time.

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