It took Tether Ltd., a virtual asset service provider in the British Virgin Islands, nearly two days to act on the FBI's request this month to freeze $90,000 of cryptocurrency bound for Hamas, by which point the sum had dwindled below $3,000, a federal investigator has alleged. Despite the delay, the Justice Department announced Thursday that federal prosecutors successfully seized $201,400 of USDT, a stablecoin pegged to the dollar, from the U.S.-blacklisted terrorist organization, which has handled at least $1.5 million in such assets since October 2024. A federal investigator claimed in an affidavit in Washington, D.C., on Tuesday that...
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