🤨 Tether's new bank has reportedly been named in two global bribery cases
A U.S. investigation has reportedly found that Tether’s new bank, the Bahamas-based Deltec Bank and Trust, received a portion of $12 million in bribes paid to a Venezuelan official involved in looting state assets. U.S. authorities, according to Bahamian news reports, are seeking to seize the related accounts from Deltec and Ansbacher, another Bahamian bank. Also, according to Brazilian outlet Estadao, former Brazilian official Paulo Vieira de Souza, who is under investigation in the massive Odebrecht corporate bribery scheme, is alleged to have funneled illicit funds to Deltec.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.