UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange
The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a signifi...
Original source
Read on Bitcoin NewsRelated market context
UK sanctions hit crypto exchange Huobi over alleged Russian war financing network
The UK's sanctions on Huobi highlight the growing global scrutiny on crypto's role in geopolitical conflicts, influencing future r...
Did Tether just freeze $72M in USDT with no link to a hack in Monero money laundering sting?
A Tron address reportedly received 120.2 million USDT last week and began routing funds before Tether reportedly froze about $72 m...
South Korean police arrest 23 individuals in $11 million USDT laundering case: report
From February 2024 to April 2025, the group allegedly moved $11.1 million in illegal funds by purchasing USDT and trading on excha...
UK detains SMYRTOS tanker linked to Russia’s shadow fleet, exposing stablecoin salary payments to crew
The SMYRTOS incident may prompt stricter global regulations on stablecoin transactions, impacting crypto markets and cross-border...
Japan’s Bitbank cracks down on Polymarket-linked transfers
Japanese crypto exchange Bitbank warns users of possible account suspensions for Polymarket-linked transactions, citing Japan’s ga...
South Korean police arrest 23 in $11M USDT laundering case
The arrests highlight the growing challenge of regulating stablecoins, underscoring the need for international cooperation to comb...