22 Hrs
Source:
المشهد العربي
US Seizes Tether and Bitfinex Accounts
The U.S. federal authorities have seized bank accounts belonging to Capstone, a company based in Montana that provided services to Tether and the Bitfinex platform. The company is suspected of processing illegal transfers worth hundreds of millions of dollars, and it is reported to have been operating without official authorization while concealing the nature of its activities from American banks. Approximately $84 million in the company's funds have been frozen across Wells Fargo and J.P. Morgan banks as part of an investigation aimed at combating illicit financing activities related to the stablecoins Tether and Bitfinex.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)