US Prosecutors Want $84.2 Million From a Bank Tied to Tether

Federal prosecutors are targeting a Montana payments firm and a Caribbean bank accused of moving money without a license.

• US prosecutors are seeking to seize $84.2 million from a Montana payments firm, Capstone Ltd., and a Caribbean bank, EQIBank, for allegedly operating as unlicensed money transmitters.
• The funds are linked to processing payments for Tether, with a significant portion originating from Capstone's Wells Fargo account.
• Both Capstone and EQIBank deny wrongdoing, while Tether states it had no knowledge of Capstone's alleged conduct and its exposure is minimal.

Topics: Asset types, Legal regulatory, Jurisdictions, Stablecoins digital cash, Enforcement actions litigation, Regulatory sandboxes pilots

Tags: #tether #usdt #capstoneltd #eqibank #moneytransmitter #civilforfeiture #departmentofjustice #unlicensedmoneytransmitter #dominica #montana

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How to Buy Energy Select Sector SPDR Fund tokenized stock(xStock) (XLEX) in Dominica with Credit Card Online

• This article provides a step-by-step guide for users in Dominica to purchase tokenized stocks (xStock) of the Energy Select Sector SPDR Fund (XLEX) using a credit card on the Bitget platform.
• It details the account creation, identity verification (KYC), and various payment methods available, including credit/debit cards, Google Pay, Apple Pay, and bank transfers.
• The guide emphasizes Bitget's security features, user experience, and fee structure, while also including a risk warning regarding cryptocurrency investments and the nature of tokenized stocks.

Topics: Asset types, Infrastructure providers, Institutional adoption, Equity, Tokenization platforms, Asset manager initiatives

Tags: #tokenizedstock #xstock #xlex #bitget #dominica #creditcard #kyc #trading #energyselectsectorspdrfund

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