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Tether says it had ‘limited’ exposure to bank linked to $84M US seizure

Published Source: CoinTelegraphRead original

Crypto Insight Summary: US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Tether's limited exposure minimizes systemic risk, but may cause temporary market uncertainty.

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Tether says it had ‘limited’ exposure to bank linked to $84M US seizure — Crypto Insight