May 5, 2025

Bitcoin Price Recoils After Bombshell Report DOJ Is Investigating Tether Over Possible Money Laundering Violations

1 min read

According to a Friday report, the United States Justice Department has launched a criminal investigation into stablecoin issuer Tether. The probe is reportedly meant to determine whether the company violated anti-money laundering rules and sanctions. Bitcoin appeared set to break past $70,000, but the probe into Tether caused crypto prices to plummet. However, Tether CEO

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