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Russian companies using USDT to evade UK and US sanctions, report

Two major Russian metal companies are reportedly using USDT to settle some cross-border transactions with Chinese clients.

Another Chinese money laundering scheme tied to Deltec and Tether

Daren Li and Yicheng Zhang moved cash from so-called pig-butchering scams to Deltec Bank and Trust. It was then converted to tether.

Ripple CEO Brad Garlinghouse mentioned that he believes the US government is targeting Tether, earning a lengthy response from Paolo Ardoino.

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.