US Seizes $84 Million from Tether’s Banking Partner Intermediary

In Crypto Regulations
September 26, 2026

US Seizes $84 Million from Tether's Banking Partner Intermediary

U.S. authorities have seized assets worth approximately $84.2 million linked to the payment company Capstone Limited. Through Capstone, Dominica-registered EQIBank accessed the U.S. banking system. The bank provided services to Tether, reports The Information.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.