Argentina orders the freezing of 3.5 million USDT related to Rainbowex

ChainCatcher news, Argentine authorities have ordered Tether to freeze $3.5 million in assets related to Rainbowex, which is suspected of being involved in a Ponzi scheme affecting thousands in Argentina. This marks the first interaction between the Argentine judicial system and Tether to complete an asset freeze order.

This operation executed 22 search warrants and detained 10 people in a raid in San Pedro, and also issued two red notices for the international arrest of two Malaysians.