DOJ Seizes $84M From Tether-Linked Payment Processor Capstone
The 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 […]
Key Takeaways
- The 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 […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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