Report Reveals Tether’s Blacklisting Isn’t Instant — $78M Moved Illegally

TL;DR A report from AMLBot reveals that Tether delays enforcing blacklists, allowing $78 million in USDT to be moved before the funds were frozen. The delay stems from Tether’s multi-signature approval process, giving malicious actors a time window to evade the freeze. Tether states it collaborates with over 255 agencies across 55 countries and has. . . source: https://crypto-economy.com/report-reveals-tethers-blacklisting-isnt-instant-78m-moved-illegally/