Sen. Blumenthal said he wants answers from Tether following reports that it paid millions to a firm started by a former WH crypto adviser.
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Netanyahu says blockchain could help Israel prepare for possible sanctions targeting its banking system.
AMLBot puts the frozen sum at about $2.2 million, after CoinDCX acknowledged losses from a failed process for securing deposits to retired addresses.
The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.
Onchain data shows a $2.7 million ether transfer as Initia investigates the scope of a security incident.
Analyst Spreek estimated $2.6 million had been cashed out; Ethereum records show stablecoin swaps and a later 1,135.5 ETH transfer.
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Korea told lawmakers it will draft a forex law amendment...
