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Tether implicated in Russian weapons sales, completes security audit

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.

Sanctioned crypto exchange Garantex probed over $20B USDT transfers

US and UK authorities are investigating a potential breach of wartime sanctions against Russia involving Garantex and tether transfers.

Tether now has a market cap over $100 billion, representing a new peak in its role as the most important stablecoin.

Tether recently led a $25m Series A round in Oobit, a Lithuania-registered Singapore-headquartered payments firm.