Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin Tether is increasingly being used in money laundering, terror financing and sanctions evasion. The report cited information from indictments, blockchain...
The Supreme Court has ruled that lawsuits filed by victims of terrorist attacks and their families against Arab Bank cannot proceed. According to NBC News, the Supreme Court ruled in a 5-4 vote not to reinstate the lawsuits that were dismissed by the lower courts,...
April 09, 2024
The U.S. Treasury Department wants more tools to curb terror financing. Deputy Secretary Adewale O. Adeyemo is due to testify before the Senate Banking Committee Tuesday (April 9) and ask lawmakers for greater authority to block terrorist groups and state actors for using things like overseas cryptocurrency exchanges to fund their causes. “Our problem is that actors […]
October 27, 2023
Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin Tether is increasingly being used...
April 25, 2018
The Supreme Court has ruled that lawsuits filed by victims of terrorist attacks and their families against Arab Bank cannot proceed. According to NBC News, the Supreme Court ruled in...
