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Russian founder of sanctioned exchange Garantex starts Tether desk

Exved, a new Russian firm working on cross-border USDT flows, is working with executives of previously sanctioned firms like Garantex.

Examining Cumberland, Tether’s biggest client left standing

Cumberland is the largest Tether client to not declare bankruptcy, and is an important market-maker, OTC desk, and venture firm.

Nayib Bukele used a third-party tool to claim that El Salvador’s bitcoin holdings were profitable, but the tool wasn’t particularly accurate.

Per its $4.3 billion settlement, Binance will have to welcome a US government-appointed compliance monitor for at least three years.

Bitcoiners suspect that large custodians might be sifting through their clients’ bitcoin deposits for rare satoshis.