Bitcoin24h $83,484.16-1.41%

Ethereum24h $1,828.26-2.80%

XRP24h $2.07-1.57%

BNB24h $601.65+0.07%

Solana24h $120.11-3.55%

Dogecoin24h $0.1665-2.87%

Cardano24h $0.6521-3.42%

TRON24h $0.2383+0.13%

Toncoin24h $3.81-4.75%

Chainlink24h $13.22-3.75%

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.