EconomyAn $84 million US asset seizure raises a major question for Tether
Tether disclosed exposure to EQIBank as the bank contests a US forfeiture case involving payment processor Capstone Limited. Tether said the exposure was below 0.034% of group assets, without stating the balance or whether it backs USDT. Court records list about $84.2 million in property, but do not establish that it belongs to Tether or represents a loss for USDT holders.
An $84 million US asset seizure raises a major question for Tether
Economy