US federal prosecutors have seized $84.2 million from Capstone Ltd., accusing the firm of facilitating illegal banking transfers for crypto companies Tether and Bitfinex through Wells Fargo and JPMorgan accounts. The case centers on EQIBank, a Caribbean bank that allegedly directed Capstone to move hundreds of millions of dollars, enabling Tether and Bitfinex to access US banking services indirectly. Tether states its exposure to EQIBank is minimal, under 0.034% of its assets, and the seizure is unlikely to impact its dollar peg. This action highlights increased US scrutiny on crypto banking relationships and may influence other small banks serving the sector.
The US seizure of Capstone's bank accounts is the subject, with Pluang market data providing context as of Sep 25, 2026 16:21 WIB. For readers following cryptocurrency markets, 45 of 50 major cryptocurrencies on Pluang rose today while 4 fell. Notable movers include ALGO at Rp2.098 with an 11.95% increase, BAL at Rp16.297 up 11.14%, and SAND at Rp800 rising 11.04%.
A group of cryptocurrency wallets sold 53,900 Zcash (ZEC) on the Hyperliquid exchange for about $42.3 million. They used part of the proceeds to purchase 536.7 Bitcoin (BTC). The wallets had unlocked a total of 65,820 ZEC worth approximately $51.6 mi...
New Age Metals announced gold assay results from its 2026 exploration at the Bonanza Ridge Gold and Critical Metals Project in northwestern Ontario, with grab samples showing gold values up to 4.77 g/t. The company completed mechanized stripping at t...
Solana (SOL) surged above the $120 mark, reaching $120.05 early Friday with a 5.8% increase over the past 24 hours. This price movement indicates strong momentum for SOL as it continues to gain value in the market. Investors are watching closely as t...
Deutsche Bank expects Tesco to report a 3% rise in first-half adjusted operating profit to £1.725 billion despite softer UK like-for-like sales growth. The bank lowered its Q2 sales growth forecast to 1.7% from 2.2% but retained a buy rating and a 52...
The NEAR cryptocurrency surged toward the $5 mark following NYSE Arca's approval of Bitwise's NEAR ETF listing under the ticker NRR. This ETF allows investors to gain exposure to NEAR through traditional brokerage accounts, with a 0.75% annual fee an...
