Tether Doubles Down on Security: Backs Crystal Intelligence in High-Stakes War Against Crypto Crime
Crypto's most controversial stablecoin just weaponized compliance. Tether—no stranger to regulatory scrutiny—is pouring resources into blockchain forensics firm Crystal Intelligence, signaling a strategic pivot toward legitimacy.
The move reeks of irony—a company once accused of opaque reserves now bankrolling transparency tools. But love it or hate it, Tether's playing the long game: buying credibility while the SEC breathes down crypto's neck.
Will it work? Crystal's tech traces illicit flows across 90% of major blockchains. That's either a crime-fighting masterstroke... or a surveillance overreach waiting to happen. Meanwhile, Wall Street still can't decide if crypto's the future or a Ponzi scheme—but at least now they'll have better tools to track their FOMO.