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Tether Expands Business to Include New Divisions beyond Stablecoins

Tether Expands Business to Include New Divisions beyond Stablecoins
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Federal agents seize $9M worth of cryptocurrency linked to cyber scam group

(BCN) — Federal agents seized $9 million worth of cryptocurrency linked to a cyber scam organization that has exploited more than 70 victims, the U.S. Attorney’s Office for the Northern District of California said Tuesday. Before the seizure, the Justice Department and the U.S. Secret Service’s field office in San Francisco traced the Tether cryptocurrency, […] ....

United States , San Francisco , Nicole Argentieri , Ismail Ramsey , Internet Crime Complaint Center , Us Secret Service , Consumer Sentinel Network , Tether Limited Inc , Us Attorney Office , Justice Department , Justice Department Criminal Division , Northern District , Assistant Attorney General Nicole Argentieri , Criminal Division , Crime Complaint Center , Federal Trade Commission , Tether Limited , Cryptocurrency Exchanges , Us Attorneys Office , Cyber Scam ,

Tether Freezes Accounts

Tether is the most well known stablecoin. It comes from the company Tether Limited Inc. Tether Limited has minted the USDT stablecoin on ten protocols and blockchains. Tether is pegged to the dollar at US $1.00 per token. Tether Limited is owned by the Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency…
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