Tether executives are facing a criminal probe over whether they committed bank fraud, report says

In this photo illustration, a smartphone displays the Tether market value on the stock exchange via The Crypto App.
Photo Illustration by Guillaume Payen/SOPA Images/LightRocket via Getty Images
Executives from Tether are said to be facing a criminal probe over whether they committed bank fraud, per Bloomberg.
Federal prosecutors are looking into whether Tether concealed from banks that transactions were linked to crypto.
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