Big news in the world of cryptocurrency! Tether, a company that makes a type of digital money called a stablecoin (think of it like a digital dollar), has frozen some of its money. This happened because a Russian cryptocurrency exchange, Garantex, was found to have links to the Russian government and bad guys. It's like the police taking away someone's money because they did something wrong.
- Garantex, a Russian cryptocurrency exchange, had its services temporarily shut down.
- Tether froze about $28 million in digital money because of Garantex's connection to the Russian government.
- This shows how cryptocurrency companies are trying to follow rules and prevent illegal activities.
| Frozen Money | Exchange | Reason |
|---|---|---|
| $28 million (USDT) | Garantex (Russia) | EU sanctions due to links with the Russian government and criminal activity. |
