US lawmakers Congressman French Hill and Cynthia Lummis have asked US Justice Merrick Garland to investigate Binance's role in enabling Hamas financing. The post US Lawmakers Accuse Binance and Tether of Enabling Hamas Funding appeared first on BeInCrypto.
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Tether has blocked 32 wallet addresses in Israel and Ukraine, holding $873,118, in collaboration with Israel's National Bureau for Counter-Terror Financing to combat cryptocurrency-funded terrorism and warfare. The post Tether Blocks Terror & War-Linked Crypto Wallets Holding $870,000 in Isreal and Ukraine appeared first on BeInCrypto.
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iFinex, parent company of Bitfinex and Tether, plans a $150 million share buyback for victims of a 2016 Bitfinex hack. The company proposes to buy back shares at $10 each, valuing iFinex at $1.7 billion. The post Bitfinex Owner’s $150 Million Proposal to Hack Victims appeared first on BeInCrypto.
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Tether strategically accumulates $72.5 billion in US Treasury bills, securing a top position globally. Amid China's accelerated sell-off of U.S. debt, Tether's stablecoin, USDT, offers an inflation hedge in emerging markets. The post Tether Opts for US Treasury Bills to Back Stablecoin USDT appeared first on BeInCrypto.
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Tether expands its banking network with Britannia Bank & Trust, a Bahamian institution. The partnership occurs amid growing skepticism and regulatory scrutiny over Tether's reserves and Britannia's parent company. The post Tether Taps Another Bahamian Bank for Dollar Transfers, But Critics Still Question Reserves appeared first on BeInCrypto.
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Amid heightened regulatory scrutiny, Deltec Bank & Trust faces investigation linked to cryptocurrency giant Tether, highlighting the complexities between traditional banking and evolving crypto platforms. The post Unraveling the Web Between Tether and Deltec: The Bank Behind FTX & Alameda Research appeared first on BeInCrypto.