US sanctions Russian money laundering network that used USDT
TGR Group, an alleged Russian money laundering network, has been disrupted by a joint effort from the US, UK and the UAE.
TGR Group, an alleged Russian money laundering network, has been disrupted by a joint effort from the US, UK and the UAE.
Although bitcoin stole the show amid Donald Trump’s election, the unchanged price of USDT hid its own, equally significant victory.
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.
Despite Tether’s previous promises that it would stop extending secured loans, the program has quietly continued.
A timeline of Tether’s run-ins with US courts and law enforcement traces back over a decade, but its market cap has steadily grown.