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]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 16 hours ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 8 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 9 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 12 days ago

    • You need to login to comment.