Daren Li used multiple bank accounts and Tether to move money stolen from victims ... partners to hold accountable anyone ...

Some of the names under consideration for the SEC and other positions include Daniel Gallagher, a former SEC official now at ...

Tether is the world's largest stablecoin ... has been under investigation for years in connection with potential bank fraud by backers, the report said. The Treasury Department's Financial ...

Tether generated $2.5 billion in profit during the third quarter of 2024, boosting its nine-month profit to $7.7 billion.

Tether CEO Paolo Ardoino reveals the firm's reserves backing its USDT dollar-pegged stablecoin following allegations that the ...

U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S.

In recent years, Tether (USDT) has seen a significant rise in adoption, not only as a stablecoin for financial transactions ...

Daren Li, 41, pleaded guilty to conspiracy to commit money laundering. Prosecutors revealed in a plea agreement filed on Monday in a federal court in California that the scheme generated millions ...

A U.S. Treasury report recognized the growth of the stablecoin sector, but it also warned of run risks related to the market and suggested that stablecoins will "likely need" to be replaced by CBDCs.

The alleged fraud was said to involve multiple defendants, including well-known cryptocurrency exchanges Binance and Bitkub.

It’s raining outside, but in room 238 of the federal courthouse it’s as dry as a lawbook. Except for my feet. My old boots ...