Krutika Adani
In response to a $9.3B rise in crypto scam losses, Tether invests in blockchain analytics firm Crystal Intelligence to enhance real-time monitoring and enforcement.
Crystal offers advanced fraud detection and regulatory tools—empowering global agencies to track illicit stablecoin activity faster and more accurately.
The collaboration builds on Scam Alert (scam-alert.io), a live platform flagging scam wallets—marking a leap forward in transparency and response.
Crystal CEO Navin Gupta stresses acting ahead of threats: “We don’t wait for mandates. We believe in responsible innovation to protect the ecosystem.”
Once criticised, Tether now pivots toward law enforcement leadership, aligning with regulators as scrutiny of stablecoins tightens globally.