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via crypto.news · By crypto.news Editorial

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

CE
crypto.news Editorial
(06:16 AM UTC)
1 min read
JM
Verified byJames Mitchell

Tether has confirmed that it holds assets at offshore banking partner EQIBank, while saying the exposure represents less than 0.034% of group assets as the bank contests a major U.S. seizure.

Summary

  • Tether says assets held at EQIBank represent less than 0.034% of the group’s total assets.
  • U.S. prosecutors seek forfeiture of roughly $84.2 million…

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