Bitcoin24h $90,674.50-0.96%

Ethereum24h $3,008.83-1.71%

XRP24h $2.18-2.54%

BNB24h $880.56-1.28%

Solana24h $137.05-3.32%

TRON24h $0.2806+0.11%

Dogecoin24h $0.1494-2.19%

Cardano24h $0.4156-4.38%

Hyperliquid24h $35.47+0.67%

Bitcoin Cash24h $531.24-1.64%

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.