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4 sourcesTracking since 16h ago

Tether says EQIBank exposure is below 0.034% of its assets

In brief

Tether said its exposure to EQIBank is below 0.034% of its assets. The offshore bank is involved in a U.S. forfeiture case involving seized funds. The sources differ on the amount seized, citing figures of $79.1 million, $84.2 million and $89 million.

Summary written by HeraldLoop from 4 sources · updated 6h ago

What changed

  1. 16h agoTether says EQIBank exposure below 0.034% after U.S. seizure · Crypto.news
  2. 8h agoTether confirms minimal EQIBank exposure following $89M US asset seizure · CoinDesk
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Chronological coverage

  1. Today
  2. Latest3h ago

    Tether says it had ‘limited’ exposure to bank linked to $84M US seizure

    US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.

    CointelegraphCointelegraph•Cointelegraph by Turner Wright
  3. Follow-up7h ago

    Tether Says EQIBank Exposure Is Below 0.034% of Group Assets

    A federal court order lists $79.1 million seized.

    The DefiantThe Defiant•The Defiant Team
  4. Follow-up8h ago

    Tether confirms minimal EQIBank exposure following $89M US asset seizure

    CoinDeskCoinDesk•Olivier Acuna
  5. First seen16h ago

    Tether says EQIBank exposure below 0.034% after U.S. seizure

    Tether says its EQIBank exposure is below 0.034% of assets as the offshore bank fights a U.S. forfeiture case involving $84.2 million.

    Crypto.newsCrypto.news•Olivia Stephanie