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DOJ Seizes $84M From Tether-Linked Payment Processor Capstone

Josh1 min read

DOJ LogoThe largest stablecoin issuer would have been using the firm as a bridge to be able to hold bank accounts in the U.S. and settle payments to “hundreds of individuals and entities.” The DOJ seized $84 million from Capstone accounts at Wells Fargo and Morgan Chase. Tether Gets Indirectly Hit in Capstone’s $84 Million Seizure […]

Source: https://news.bitcoin.com/regulation-and-legal/doj-seizes-84m-from-tether-linked-payment-processor-capstone/

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