Tether
Tether Says Less Than 0.034% of Its Assets Sit at EQIBank, an Offshore Bank Hit by US Seizures
US prosecutors are moving to forfeit about $83 million held by a payments firm that EQIBank says was keeping the bank's money.
Tether Says Exposure Was Limited After $84 Million U.S. Seizure
The company said assets held at EQIBank represented 0.034% of its total group assets after prosecutors froze Capstone accounts.
Tether Shrugs Off EQIBank Seizure, Confirms Minimal Exposure After $89M Asset Grab
Tether says its EQIBank exposure is below 0.034% of total group assets, limiting the direct impact of the seizure. EQIBank says U.S. authorities seized about $89 million, roughly 80% of its monetary holdings, through accounts connected to payment processor Capstone. Tether's latest reported balance sheet shows $187.
EQIBank Says U.S. Seized $89M as Tether Limits Exposure
The bank says the funds represent about 80% of its monetary assets and could put it at risk of liquidation. Tether says its EQIBank exposure is below 0.034% of total assets.
Tether Caps EQIBank Exposure at About $64 Million After U.S. Seizure
The exposure is less than 0.034% of Tether's group assets after U.S. authorities seized roughly $89 million linked to EQIBank.
Tether Says EQIBank Exposure Is Below 0.034% of Assets After U.S. Seizure
A federal forfeiture filing itemizes about $84.2 million in cash and USDT, below EQIBank's separately cited $89 million figure.
Tether confirms minimal EQIBank exposure following $89M US asset seizure
While Tether's stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks.
Binance Sends 50.4147 Million Tether to Unknown Wallet
The recipient wallet was not identified in the Sept. 25 transfer.
Binance Sees 37.3491 Million Tether (USDT) Net Outflow Over Past Hour
The exchange saw a net outflow of 37.3491 million Tether (USDT) during the one-hour period.
30 Million Tether Transfers From Unknown Wallet to Binance
The 30 million Tether (USDT) transfer was detected Sept. 25, with the sending wallet unidentified.
US seizes Capstone's bank accounts over alleged illegal transfers for Tether and Bitfinex
The seizure highlights vulnerabilities in crypto banking partnerships, potentially deterring small banks from engaging with crypto firms. US seizes Capstone's bank accounts over alleged illegal transfers for Tether and Bitfinex.
Tether says EQIBank exposure below 0.034% after U.S. seizure
Tether says its EQIBank exposure is below 0.034% of assets as the offshore bank fights a U.S. forfeiture case involving $84.2 million.
