Regulation· ★★★★· neutral·

Tether Discloses Limited EQIBank Exposure Amid $84M Forfeiture Case

  • —Tether's EQIBank exposure is under 0.034% of group assets
  • —Total group assets stood at about $187.75 billion as of June 30, 2026
  • —DOJ seeks forfeiture of roughly $84.2 million tied to Capstone
  • —Identified assets include $79.11 million at Wells Fargo Securities and $2.06 million at JPMorgan
Why it matters: The case could sharpen regulatory scrutiny of stablecoin issuers' banking ties and the structure of USDT reserves.
#USDT
Source: CoinTrust
More on this
Regulation · Sep 28
US court seizes $84.2M in Capstone case; Tether says exposure under 0.034%
 Regulation · Sep 27
US freezes $89M at Tether partner bank EQIBank, exposing stablecoin counterparty risk
 Regulation · Sep 26
US Prosecutors Seek $84.2M Forfeiture From Firm Linked to Tether's USDT