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Tether Doubles Down on Security: Backs Crystal Intelligence in High-Stakes Crypto Crime Crackdown
Tether Doubles Down on Security: Backs Crystal Intelligence in High-Stakes Crypto Crime Crackdown
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Tether just placed a bet on blockchain's sheriffs—and it's not playing defense.
The stablecoin giant poured undisclosed millions into Crystal Intelligence, a forensic firm tracking dirty crypto across chains. No more 'anonymous' transactions when these algorithms hunt.
Why now? Because even crypto's wild west has rules—or at least, bounty hunters. Tether's move signals an industry fed up with regulators' slow-motion chase. Want institutional money? First, ditch the digital bandits.
Crystal's tech maps money flows like a bloodhound on amphetamines. Think Chainalysis, but with sharper teeth—and now, Tether's war chest behind it.
One cynical footnote: Nothing cleans up a reputation like spending profits to police the playground. Wink.
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