Court records identify Capstone-held accounts, while Tether has not said whether its EQIBank exposure involves USDT reserves.
- Tether has disclosed an exposure to EQIBank, which is currently involved in an $84 million US asset seizure case.
- It remains unclear if this exposure impacts USDT reserves or Tether's ability to meet redemption requests.
- The article highlights the uncertainty surrounding the accessibility of Tether's funds at EQIBank and its potential implications for USDT holders.
Topics: Asset types, Legal regulatory, Risk default, Stablecoins digital cash, Enforcement actions litigation, Credit counterparty risk
Tags: #tether #usdt #eqibank #assetseizure #usdtreserves #capstonelimited #forfeiture #counterpartyrisk #redemptions
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