Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

International Business Times

Business

Marvie Basilan

US, UK Probing $20B Of USDT Flowed Through Sanctioned Russian Exchange: Report

United States Tether Garantex Russia Crypto United Nations WSJ

Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. (Credit: Reuters / DADO RUVIC)

KEY POINTS

Garantex was sanctioned in 2022 for "willfully" disregarding AML and CFT obligations
Tether assisted US law enforcement in a major illicit funding crackdown operation this month
A UN report in January said crypto-based money launderers used USDT on illegal gambling platforms

The United States and United Kingdom have launched an investigation into over $20 billion of cryptocurrencies that passed through Garantex, a sanctioned Russia-based crypto exchange, and Tether is at center of the probe, a new report revealed.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Man who heckled Abdul El-Sayed is former Josh Hawley aide, records show

Man who heckled Abdul El-Sayed is former Josh Hawley aide, records show

Thomas Teepell, who worked for Republican senator, demanded El-Sayed disavow Muslim Brotherhood

The Guardian - US

Who is Helen Haines? Australian MP in critical condition after car attack

Who is Helen Haines? Australian MP in critical condition after car attack

Police said a 43-year-old suspect had been arrested following the incident in Wangaratta, northeast of Melbourne

The Independent UK

‘It looks like a war zone’: France reels as looting continues for second night

‘It looks like a war zone’: France reels as looting continues for second night

Police appear to have been taken by surprise by scale of looting that began after protests turned violent in Paris and other cities

The Guardian - UK

Search ends for more survivors from boat that sank off Mexico’s Baja California coast

Search ends for more survivors from boat that sank off Mexico’s Baja California coast

The U.S. Coast Guard has ended the search for 11 people believed missing after a boat sank off Mexico’s Baja California coast

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

ICE agents broke US citizen’s arm as they detained him in California, officials say

ICE agents broke US citizen’s arm as they detained him in California, officials say

Ricardo Gonzalez was injured and taken to hospital after confrontation in Long Beach, according to officials

The Guardian - US

Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti have opened fire on an armored vehicle, leaving four soldiers from El Salvador unaccounted-for in the first major attack since an international gang suppression force began operations in the violence-wracked country

The Independent UK

Related Stories

Top stories on inkl right now

Man who heckled Abdul El-Sayed is former Josh Hawley aide, records show

Man who heckled Abdul El-Sayed is former Josh Hawley aide, records show

Thomas Teepell, who worked for Republican senator, demanded El-Sayed disavow Muslim Brotherhood

The Guardian - US

Who is Helen Haines? Australian MP in critical condition after car attack

Who is Helen Haines? Australian MP in critical condition after car attack

Police said a 43-year-old suspect had been arrested following the incident in Wangaratta, northeast of Melbourne

The Independent UK

‘It looks like a war zone’: France reels as looting continues for second night

‘It looks like a war zone’: France reels as looting continues for second night

Police appear to have been taken by surprise by scale of looting that began after protests turned violent in Paris and other cities

The Guardian - UK

Search ends for more survivors from boat that sank off Mexico’s Baja California coast

Search ends for more survivors from boat that sank off Mexico’s Baja California coast

The U.S. Coast Guard has ended the search for 11 people believed missing after a boat sank off Mexico’s Baja California coast

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

ICE agents broke US citizen’s arm as they detained him in California, officials say

ICE agents broke US citizen’s arm as they detained him in California, officials say

Ricardo Gonzalez was injured and taken to hospital after confrontation in Long Beach, according to officials

The Guardian - US

Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti have opened fire on an armored vehicle, leaving four soldiers from El Salvador unaccounted-for in the first major attack since an international gang suppression force began operations in the violence-wracked country

The Independent UK

Our Picks

50 Cent is 'not ashamed' of his late mother's sexuality

Rap icon 50 Cent says that he was "not ashamed" to discover that his late mother Sabrina Jackson was a lesbian.

Selena Gomez Opens Up About Her Voice and Warns Fans Against Making the Same Mistake

Selena Gomez has an explanation for the change fans have noticed in her voice, and a warning for anyone considering the habit she says caused it.

Selena Gomez says nicotine vaping habit has permanently changed her voice

‘If you guys don’t like listening to my voice, that’s totally understandable, I don’t mind’ says the star

The Independent UK

Supreme Court will review ban on distilling spirits in private homes

Plaintiffs challenging the prohibition on home distilling claim the 1868 law is an antiquated relic of Reconstruction-era politics

The Independent UK

Cockroach Milk Packs 3 Times the Energy of Dairy, and Its Ig Nobel Crystals Now Inspire Protein Design

Cockroach milk crystals hold over 3 times the energy of dairy milk by weight. The 2016 discovery won a 2026 Ig Nobel, but it was never tested as food.

Is 'The Marvels' Being Retconned? New 'Avengers: Doomsday' Figure Fuels Fan Speculation

A new Hot Toys figure of Kelsey Grammer's Beast has fuelled speculation about his connection to 'The Marvels', though Marvel has not confirmed separate versions or a retcon.

International Business Times UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play