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USDT on Tron ‘growing trend’ for pro-ISIS groups, report says

TRM Labs says mounting evidence points to pro-ISIS groups across Asia warming up to crypto, overwhelmingly using USDT on the Tron network.

Chinese police arrest 21 in $55M Tether money laundering case

A group of Chinese suspects have confessed to operating a Tether (USDT) money laundering ring across the country, local news reports.

The victim says she was handed a bundle of fake notes in return for $128k in tether while the shop’s ‘owner’ fled through a back door.

Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.

Documents obtained by CoinDesk and Bloomberg shed additional light on Tether reserves, showing the issuers of its commercial paper.