Tether Invests in Blockchain Analytics Firm To Combat Crime

USDT issuer Tether has made a strategic investment in blockchain analytics firm Crystal Intelligence to enhance its fight against crypto-related crime. Through this partnership, Tether gains direct access to Crystal's real-time risk monitoring, fraud detection, and regulatory intelligence tools.

As part of their collaboration, Crystal and Tether have developed Scam Alert, a public database that flags wallet addresses linked to scams and illicit activity.

The move comes amid a significant rise in crypto-related fraud, which reached $9.3 billion in 2024, a 66% increase from the previous year, according to the FBI.

Tether has already assisted over 255 law enforcement agencies across 55 jurisdictions, freezing more than $2.7 billion worth of stablecoins tied to criminal operations.

“This strategic investment will strengthen our capacity to collaborate more effectively,” stated Tether CEO Paolo Ardoino. The initiative also aims to address growing concerns about USDT’s role in illicit transactions, given its high liquidity in global crypto markets.

Source: Coinmarketcap

Voice of Osiz

Tether’s move to invest in Crystal Intelligence reflects the growing pressure on stablecoin issuers to prioritize security and compliance. As crypto-related fraud continues to surge, proactive risk monitoring is no longer optional. This step signals a clear shift towards regulated, accountable digital asset markets. It’s a welcome move in an industry where trust remains fragile.