Express

Bloomberg: Department Of Justice Accused Tether Executives Of Bank Fraud

Mary Liu

Summary: According to a report from Bloomberg, the popular stablecoin issuer Tether executives are facing a criminal investigation by the U.S. Department of Justice (DOJ) regarding bank fraud.  The source said DOJ will investigate whether Tether has misled banks in its crypto business. It may be traced back to Tether's business a few years ago. This ...

According to a report from Bloomberg, the popular stablecoin issuer Tether executives are facing a criminal investigation by the U.S. Department of Justice (DOJ) regarding bank fraud. 

The source said DOJ will investigate whether Tether has misled banks in its crypto business. It may be traced back to Tether's business a few years ago.

This is a case for potential criminal cases that may have a wide-ranging impact on the cryptocurrency market, Tether said it will cooperate with law enforcement agencies.

By Mary Liu

Last Update:

Tags: ,
Link: Bloomberg: Department Of Justice Accused Tether Executives Of Bank Fraud   [Copy]
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 4 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 8 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 23 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.