Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations | TheSpuzz

Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations | TheSpuzz

Source: Bitcoinist Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.  The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin USDT has been utilized by third parties to fund illicit activities, including drug trafficking,…

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