Tether Expands Partnership with INHOPE to Combat Online Child Exploitation
Main Idea
Tether has expanded its partnership with INHOPE to combat the use of cryptocurrency in child exploitation and has frozen significant amounts of USDT linked to illegal activities.
Key Points
1. Tether announced an expanded partnership with INHOPE to fight Child Sexual Abuse Material (CSAM) networks.
2. Tether has frozen $225 million in USDT linked to human trafficking and romance scams.
3. The company has blocked a total of $2.7 billion in USDT to date, collaborating with regulators and exchanges like OKX and the U.S. Department of Justice.
4. The stablecoin market grew to $252 billion in the first half of 2025, but security vulnerabilities remain a concern.
5. Tether's efforts include using blockchain analytics tools to trace and prevent misuse of funds across multiple jurisdictions.
Description
Tether has announced a partnership with INHOPE, the global network focused on fighting Child Sexual Abuse Material (CSAM) online, to stop the illicit use of digital transactions in child exploitation networks. Key Takeaways: Tether has expanded its partnership with INHOPE to combat the use of crypto in child exploitation. The company has frozen $225 million in USDT linked to human trafficking and romance scams. Tether says it has blocked $2.7 billion to date. In a Wednesday press release , Tethe...
Latest News
- Is OnlyFans Really Worth $8 Billion? What Platforms Like SUBBD Are Getting Right, ICO Hits $1M2025-08-15 15:30:46
- BlackRock Pours Over $1B into Bitcoin & Ethereum ETFs During Dip — What Do They Know?2025-08-15 14:48:16
- Bitcoin Price Prediction: Treasury ‘No Buy’ Triggers Panic Dip – Smart Money Sees Opportunity, Not Fear2025-08-15 14:28:53
- Dogecoin Price Prediction: $5B Volume Surge + Whale Buys – DOGE Could Go Higher Than Most Think2025-08-15 14:27:30
- Solana Price Prediction: Technicals Point to More Upside – Can SOL Hit $500 Within 2 Weeks?2025-08-15 14:15:06