US investigates sanctions and laundering violations – WSJ

• The US federal authorities is investigating Tether for potential violations of sanctions and anti-money laundering guidelines.
• The investigation is trying into whether or not Tether is getting used to fund unlawful actions equivalent to drug trafficking, terrorism, hacking, and proceeds laundering.
• The Manhattan U.S. Lawyer's Workplace is in control of the investigation.
• In the meantime, the Treasury Division is contemplating sanctions in opposition to Tether, citing its widespread use by people and entities sanctioned by america, together with the terrorist group Hamas and Russian arms sellers.