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

  • The Bitcoin Halving is Complete! What’s Next? 6 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 9 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 14 days ago
  • The Value of Web3 Social, Explained 14 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 28 days ago

    • You need to login to comment.