
US court seizes $84.2M in Capstone case; Tether says exposure under 0.034%
- —Seized Capstone accounts: $79.11M at Wells Fargo Securities, $1.86M at Wells Fargo, $2.06M at JPMorgan
- —The order also covers 1.17 million USDT held on two crypto addresses
- —Tether says its EQIBank exposure is under 0.034% of total group assets
- —EQIBank sought the return of the funds, but the court denied the request in July
Why it matters: The EQIBank dispute could touch a slice of Tether's banking reserves, though the disclosed share is too small to affect USDT backing.
Source: TokenPost
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