🚨BREAKING: US seizes bank accounts tied to a Tether-linked payments firm, FT reports. The firm, Capstone, is accused by the DOJ of illegally moving hundreds of millions of dollars for Tether and Bitfinex through EQIBank, a small Caribbean bank. Capstone allegedly opened US bank accounts while presenting itself as a tech company, then used those accounts to send payments to hundreds of individuals and entities. About $84 MILLION has now been frozen from Capstone accounts at Wells Fargo and JPMorgan. FT reports Capstone was also linked to a separate case where stolen cash from elderly victims was allegedly converted into USDT. Tether and Bitfinex said they were EQIBank customers, but had no knowledge of Capstone’s alleged misconduct. This highlights Tether’s banking access problem, relying on smaller offshore banks and payment middlemen to reach the dollar system.