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Crypto

U.S. Department of Justice Seizes $84 Million from Payment Processor Handling Tether Reserves

2026/09/26 20:42(Updated 2026/09/27 07:00)

CoinPost

Written by L.Kikutani

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U.S. Department of Justice Seizes $84 Million from Payment Processor Handling Tether Reserves

Account Seizure

The Financial Times (FT) reported on the 25th that the U.S. Department of Justice seized approximately $84 million from the accounts of Capstone, a Montana-based payment processor involved in the transfer of funds for Tether, a major stablecoin company, due to unauthorized and illegal fund transfers.

In July, the Department of Justice filed a civil lawsuit in a federal court in California seeking asset forfeiture, alleging that Capstone facilitated unauthorized transactions through its bank accounts for hundreds of individuals and entities...

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