Tether confirmed it holds less than 0.034% of its assets at EQIBank, an offshore bank facing U.S. asset seizure related to Capstone-linked accounts totaling about $84.2 million. EQIBank claims the seized funds represent 80% of its monetary holdings and warns of liquidation risks. U.S. prosecutors are pursuing forfeiture, and a federal judge denied EQIBank's motion to recover the funds. Tether's overall reserves remain strong, with $187.75 billion in assets and a $4.11 billion excess reserve buffer as of June 2026. The legal case continues in the Eastern District of California, with no final judgment yet on the seized funds' ownership.
Tether's exposure to EQIBank is below 0.034%, according to recent disclosures. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 25, 2026 13:01 WIB: out of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include XLM (Stellar) at Rp3.928 with an 8.36% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and SAND (The Sandbox) at Rp785 rising 7.79%.
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