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US DOJ launches probe into Tether for possible anti-money laundering violations

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Summary
Nutrition label

55% Informative

US Department of Justice has allegedly launched an investigation into the USDT stablecoin issuer for potential anti-money laundering violations.

This comes just days after the Tether CEO Paolo Ardoino called for stable crypto regulations in the country.

The US government is allegedly investigating Tether of possible violations of sanctions and anti-laundering rules.

The investigation is also looking at whether the crypto firm used by third parties to fund illegal activities such as the drug trade, terrorism and hacking.

VR Score

26

Informative language

9

Neutral language

58

Article tone

formal

Language

English

Language complexity

55

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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