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Tether Freezes $213M USDT Tied to Brazil Tax Dispute and Gambling Probe

Tether Freezes $213M USDT Tied to Brazil Tax Dispute and Gambling Probe

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Tether has frozen more than $213 million in USDT tied to Gurhan Kiziloz after a Brazilian court ruling in a tax dispute linked to gambling operations and cryptocurrency token sales. It’s a blunt reminder that centralized stablecoins can be incredibly useful right up until a court, regulator, or issuer decides they’re not. $213 million in […]

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Arkham Exposes Iran Crypto Wallets as US Freezes $344M Linked to Bank Markazi

Arkham Exposes Iran Crypto Wallets as US Freezes $344M Linked to Bank Markazi

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Arkham says it has identified crypto wallets linked to Iran’s central bank, and the US Treasury’s sanctions response has already frozen roughly $344 million tied to the network. The money trail runs through Tron, Tether, and a mess of brokers, bridges, and DeFi tools built to make sanctions evasion harder to spot. Public wallet map: […]

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US Banks Move to Stall Stablecoin Bill Before May 14 Senate Vote

US Banks Move to Stall Stablecoin Bill Before May 14 Senate Vote

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US banks are reportedly scrambling to stall a stablecoin bill before a May 14 Senate Banking Committee vote, turning a long-running fight over digital dollars into another ugly brawl between legacy finance and crypto-native rails. The pressure is building ahead of the May 14 Senate Banking Committee vote. May 14 Senate Banking Committee vote Stablecoin […]

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Tether Posts $1.04B Q1 Profit, Holds $141B in Treasuries, Gold and Bitcoin

Tether Posts $1.04B Q1 Profit, Holds $141B in Treasuries, Gold and Bitcoin

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Tether reported a hefty $1.04 billion in Q1 2026 profit while USDT circulation stayed near record highs, backed by a reserve stack that leans heavily on U.S. Treasuries, physical gold, and bitcoin. $1.04 billion in Q1 net profit $183 billion in USDT-related liabilities $141 billion in direct and indirect U.S. Treasury exposure $20 billion in […]

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US Seizes Nearly $500M in Iranian-Linked Crypto, Including $344M in USDT

US Seizes Nearly $500M in Iranian-Linked Crypto, Including $344M in USDT

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The U.S. says it has seized nearly $500 million in Iranian-linked crypto assets, escalating a sanctions campaign that now reaches deep into stablecoins, shipping, oil, and shadow banking. The biggest confirmed chunk: $344 million in Tether’s USDT. Nearly $500 million in Iranian-linked crypto assets seized $344 million of that was frozen in USDT Operation Economic […]

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Warren and Wyden Probe Tether Loan Tied to Commerce Secretary Howard Lutnick

Warren and Wyden Probe Tether Loan Tied to Commerce Secretary Howard Lutnick

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Senators Elizabeth Warren and Ron Wyden are pressing Tether and Commerce Secretary Howard Lutnick over a reported loan tied to a trust benefiting his children, raising fresh questions about conflict of interest, crypto regulation, and whether Washington is once again getting a little too comfortable with money that should be under a microscope. Probe launched: […]

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US Seizes Nearly $500M in Iranian Crypto Amid Sanctions Crackdown

US Seizes Nearly $500M in Iranian Crypto Amid Sanctions Crackdown

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The U.S. says it has seized and frozen nearly $500 million in Iranian crypto-linked assets as part of a wider sanctions push that is hammering Tehran’s banks, oil trade, and shadow financial network. Nearly $500 million in Iranian crypto assets reportedly seized Operation Economic Fury targets crypto, banks, property, oil, and shipping Scott Bessent: “We […]

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