Tether, the world’s largest stablecoin issuer, has announced a strategic investment in Crystal Intelligence, a blockchain analytics firm specializing in advanced risk monitoring, fraud detection, and regulatory intelligence solutions.
This move comes amid a sharp rise in cryptocurrency-related crime, with the FBI reporting that crypto scams in the United States caused losses exceeding $9.3 billion in 2024, a 66% increase from the previous year.
Tether Announces Strategic Investment in Crystal Intelligence, Strengthening Blockchain Forensics and Efforts to Combat Illicit Stablecoin Activityhttps://t.co/u0BB2cITrq
— Tether (@Tether_to) July 8, 2025
Tether’s investment aims to enhance the tools available to law enforcement agencies, regulators, and financial institutions, enabling them to track and investigate illicit activity involving stablecoins more efficiently. The partnership will enhance real-time transaction monitoring, speed up investigations, and provide law enforcement with more sophisticated analytics to trace suspicious funds.
Paolo Ardoino, CEO of Tether, said,
“Tether is firmly committed to supporting law enforcement agencies in a shared effort to combat illicit activity. With the latest in advanced intelligence tools, like those being developed by Crystal Intelligence, we are enhancing our ability to assist authorities in tracing the movement of funds in real time.”
This collaboration builds on previous joint initiatives, such as Scam Alert (scam-alert.io), a public platform that flags wallet addresses linked to scams and abusive activity, providing users and authorities with a means to identify threats quickly.
Navin Gupta, CEO of Crystal Intelligence, stressed the need for proactive action:
“As the crypto industry matures, so must its foundations of trust and intelligence. Tether’s backing is both a validation of the work we’ve done together and a joint commitment to future-proofing the industry through actionable insight, integrity, and innovation.”
Tether’s partnership with Crystal Intelligence marks a shift in its public image, from a company facing regulatory scrutiny to one actively supporting law enforcement and compliance. This strategic move could prove crucial as governments worldwide develop new frameworks for stablecoin regulation.
Notably, Tether acquired a minority stake in Juventus Football Club, a strategic move to integrate digital assets with established industries, especially professional sports.
Lifelong Juventus supporter Paolo Ardoino emphasizes Tether’s strategic, long-term investment, stating the company has resources to support the club “for the next 2000 years.”
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