1/ 🧵 United nations has released the data on USDT being used for the crimes that are happening in the SEA nations. And they have reported this in their dataset for the drugs and the money laundering crime data.
1/ 🧵 United nations has released the data on USDT being used for the crimes that are happening in the SEA nations. And they have reported this in their dataset for the drugs and the money laundering crime data.
2/ 🧵 Tether is one of the stablecoins that is being used all over to settle payments of variety of the money laundering, drugs, and other criminal payouts.
3/ 🧵 United nation has collected the data specific to the SEA nations and has collected data on the money laundering and the usage of crypto for payment settlement.
4/ 🧵 Check out the Tethers involvement into the variety of the scams and the money laundering events.
https://inleo.io/@esmeesmith/united-nation-reports-tether-as-choice-of-crime-in-sea
well let's say that the FIAT was always the best way for drugs, money laundering, etc. so why they're talking about USDT now?
The reason is not the USDT but the money laundering, USDT is just a tool being used to let that event happen. Drugs trafficking, human trafficking are serious crime and if they are done with anonymous money and let these things happen they want to be on the top of criminals to avoid that... that's their view.