BY PAUL O’DONOGHUE, Senior Correspondent
TETHER, the third-largest cryptocurrency by market capitalization, is allegedly facilitating money laundering, particularly by Mexican drug cartels, according to U.S. federal authorities.
A report by 404 Media highlights court cases taken by U.S. federal authorities which claim that Tether is being used in cross-border money laundering schemes tied to major cocaine seizures and cartels in Mexico and Colombia.
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