Hey Amy, I keep hearing about Tether. What's the big deal with it?

Hi Sam! Tether is a type of digital money called a stablecoin. It's supposed to always be worth one US dollar.

Oh, like a digital dollar? That sounds useful. But why are people talking about it so much?

Well, there's some not-so-good news about Tether. Some people say bad guys are using it a lot for crimes.

Crimes? Like stealing candy from a store?

It's a bit more serious than that. They're talking about big scams and tricks to steal lots of money from people.

Wow, that's scary! How do they do that?

One way is called 'pig butchering'. It's when bad people pretend to be your friend and then trick you into putting your money into fake investments.

That's awful! But why do they use Tether for this?

Tether is easy to send around the world quickly, and some people think it's harder for the police to track.

I see. But isn't Tether in trouble for other things too?

You're right. Some people are suing Tether, saying it helped make the price of Bitcoin go up in a tricky way.

Make Bitcoin's price go up? How could Tether do that?

They say Tether made lots of their coins out of thin air, without real money to back them up, and used them to buy Bitcoin.

That doesn't sound fair! Is Tether in big trouble now?

Well, Tether says these claims aren't true. But they did have to pay a big fine before, and now they have to tell people more about their money.

Wow, the money world is complicated! Is it safe to use Tether?

Many people still use it, but it's important to be careful with any digital money. Always learn a lot before using it, and never trust strangers online with your money.