US Seizes $84M Tied to Tether and Bitfinex in Major Banking Crackdown

The post US Seizes $84M Tied to Tether and Bitfinex in Major Banking Crackdown appeared first on Coinpedia Fintech News

The U.S. Department of Justice has seized about $84.2 million from bank accounts linked to Capstone, a payment firm that handled hundreds of millions of dollars for Tether and Bitfinex But the seizure goes beyond the stablecoin giant, as EQIBank says around 80% of its funds are frozen and warns that its operations could collapse. …