Tether

Unsealed DOJ documents say alleged money launderers tried to bribe U.S. officials using Tether

Unsealed DOJ documents say alleged money launderers tried to bribe U.S. officials using Tether

The Department of Justice (DOJ) has unsealed documents related to a drug smuggling case alleging that a cartel attempted to bribe U.S. officials and purchase U.S. passports using the cryptocurrency Tether. As first reported by Decrypt, the documents, which were published September 24, accuse six individuals of laundering millions for drug cartels over the course …

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Tether has blacklisted 100 addresses on Ethereum, network data shows

Tether has blacklisted 100 addresses on Ethereum, network data shows

The number of blacklisted Tether addresses on the Ethereum network has reached 100, according to new findings from The Block Research.   Eighty-four of the blacklist actions by Tether took place in 2020, with most of them happening after July.  The term “blacklisting” means that the addresses in question cannot send, receive, or redeem USDT, …

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Ethereum blockchain's problems include cats and Tether

Ethereum blockchain’s problems include cats and Tether

Rejoice, Ethereum Community! Your blockchain has been chosen to tokenize the rewards by one of the world’s largest social media platforms, Reddit. Despite there being thousands of other projects in the cryptocurrency ecosystem, Reddit chose Ethereum’s blockchain to reward “positive behavior.” Recently, the platform also confirmed that its tokenized rewards will migrate onto the Ethereum …

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Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M

Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M

The Bitfinex crypto exchange is making a new push to find and potentially recover more than $800 million in user funds seized by legal authorities in four different countries after its payment processor’s bank accounts were frozen.  iFinex Inc., Bitfinex’s parent firm, applied for subpoenas in Colorado, Arizona and Georgia this month, asking federal courts …

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MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

Monday marked a historic moment in traditional markets, with the price of West Texas Intermediate oil futures going into negative territory for the first time ever.  Contracts for May delivery, expiring on Tuesday, collapsed below -$40 per barrel at one point. In other words, sellers were willing to pay as much as $40 to people …

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