Cartier jewelry heir arrested for laundering drug money with USDT
Police in Miami arrested Maximilien de Hoop Cartier, heir to the Cartier jewelry fortune, for allegedly working with a Colombian drug cartel.
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Police in Miami arrested Maximilien de Hoop Cartier, heir to the Cartier jewelry fortune, for allegedly working with a Colombian drug cartel.
Tether's rebrand is in line with its previously announced plans to get into bitcoin mining, the data industry, and blockchain education.
Tether says it has completed a security audit to ensure that it has robust IT control measures in place to make sure its systems are safe.
Tether now has a market cap over $100 billion, representing a new peak in its role as the most important stablecoin.
A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.
Tether claims to have cut off clients in Singapore on May 12, 2020 but continued to issue tokens to entities in the country after that date.
— Stablecoin, Tether
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.