Conceptual image of Turkey's landmark Tether freeze in illegal betting and money laundering investigation.
Blockchain News

Landmark Turkey Tether Freeze: Over $500M Seized in Stunning Illegal Betting Crackdown

Ankara, Turkey – April 2025: In a landmark move that underscores the escalating global crackdown on cryptocurrency-enabled crime, Turkish authorities have orchestrated the freezing of more than $500 million in Tether (USDT) stablecoins. This unprecedented enforcement action, directly targeting funds tied to sprawling illegal online betting operations and sophisticated money laundering networks, represents one of […]