Crypto-Linked Money-Laundering Scheme Worth $230M Uncovered In Hong Kong | Bitcoinist.com

According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies.

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Funds In The Shadows: ISIS Expands Crypto Usage For Fundraising And Money Laundering, Report | Bitcoinist.com

A recent Bloomberg report revealed that the Islamic State (IS) is allegedly growing its use of cryptocurrencies, including Tether’s USDT stablecoin, to raise and transfer funds globally, with a particular focus on Africa.

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Tether Launches Blockchain Recovery Tool As Stablecoin Circulation Hits Record $100 Billion | Bitcoinist.com

Tether Holdings’ USDT stablecoin token has reached a significant milestone by briefly surpassing $100 billion in circulation and market capitalization, making it the first stablecoin to reach this size.

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Tether Backs Oobit’s Mobile Payment App With $25 Million Investment – Key Factors Revealed | Bitcoinist.com

In a recent announcement, stablecoin issuer Tether (USDT) revealed its investment in Oobit, a mobile payment application.

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