altcoinSep 25, 2026AI summary

US Prosecutors Seek $84.2 Million From Bank Linked to Tether

Federal prosecutors are seeking $84.2 million from a Caribbean bank linked to Tether in a case involving alleged unlicensed money transfers.

US Prosecutors Seek $84.2 Million From Bank Linked to Tether

US federal prosecutors are pursuing $84.2 million from a Caribbean bank with ties to Tether, according to Decrypt.

The case also involves a payments company based in Montana. Authorities accuse the two businesses of transferring funds without the required license.

The allegations concern the bank and the payments firm. The source report does not describe any charges against Tether itself.

Source: Decrypt

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