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US seizes bank accounts of payments group linked to Tether

US prosecutors seized bank accounts of Capstone, a payments group allegedly moving hundreds of millions of dollars for crypto companies at the direction of a Caribbean bank. The action targets the financial infrastructure supporting Tether, signaling increased enforcement against crypto-fiat channels. The full scope of the investigation and potential impact on Tether's operations remain unclear.

Financial Timesabout 20 hours agoUSengCredibility 44%View source

Score Breakdown

Mosaic Score7.0
Confidence0.5
Significance0.8
Source credibility0.4

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