Tether, the firm behind the dollar-pegged stablecoin, is under investigation by federal prosecutors in Manhattan for potential violations of money laundering and sanctions laws. The Wall Street Journal reported that the investigation is focused on Tether's use by global criminal networks for drug trafficking, terrorism, and hacking.

We believe in greater freedom, security, and access to money. That’s why we built the first real-world currency platform on the Bitcoin Blockchain. Tether provides a secure, fast, and low-cost way to store, send, and receive money on the Blockchain as if it were bitcoin.



Tether under investigation for money laundering and sanctions violations by federal prosecutors

Tether under investigation for money laundering and sanctions violations by federal prosecutors

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