Tether Ltd. could be facing a criminal probe into allegations that executives engaged in bank fraud by hiding that fact that some of its transactions were related to the cryptocurrency market.

initially looking at whether some of Tether’s backers committed bank fraud by using falsified documents to get access to the ...

The attorney general's office is working to expose "ongoing fraud being carried out by Bitfinex and Tether," according to the lawsuit. It accuses the pair of engaging in "undisclosed, conflicted ...

Tether said it bought more than US$33.1 billion of US Treasury bills in 2024, making it the seventh largest buyer of US government debt. As of Dec 31, it held more than US$94 billion in US Treasury ...