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Tether

Drug cartels use cryptocurrency Tether to launder money, court documents reveal

Quartz

qz.com › mexican-drug-cartels-crypto-tether-money-laundering-1851707562

Tether (USDT), currently the third-largest cryptocurrency by market capitalization, has been under intense scrutiny for several months due to federal investigations into its alleged role in facilitating cross-border money laundering. Now, a recent report by 404 Media highlights Tether’s growing use as a money…

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Trump's Commerce secretary pick is getting closer to a crypto firm being investigated by the feds

Quartz

qz.com › trump-tether-lutnick-cantor-fitzgerald-crypto-cartel-1851707251

President-elect Donald Trump’s pick to lead the Commerce Department is moving to deepen the ties between his company and the firm behind the world’s largest stablecoin, Tether.

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