Bitcoin24h $94,634.08+1.68%

Ethereum24h $1,793.72+1.57%

XRP24h $2.18+0.14%

BNB24h $600.85-0.52%

Solana24h $150.57-0.25%

Dogecoin24h $0.1850+2.87%

Cardano24h $0.7151+0.73%

TRON24h $0.2439+0.05%

Sui24h $3.59+6.93%

Chainlink24h $15.01+0.07%

Are crypto exchanges whitewashing compliance with KYC bonuses?

Crypto exchanges have a curious practice of paying their customers USDT bonuses to submit their ID cards for KYC purposes.

China busts $2 billion USDT money laundering operation

The gang allegedly used USDT to evade China’s foreign exchange regulations and provide a means for criminals to send their funds overseas.

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.

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.