Scammers Favor Tether (USDT) For Illegal Activities: Report

Tether, a major player in the cryptocurrency realm, is becoming the go-to tool for money launderers and fraudsters in Southeast Asia, according to a recent UN report. The report, released by the UN’s Office on Drugs and Crime, highlights the alarming rise of scams, particularly the infamous “pig butchering” tactic, involving false romantic connections.