Executives At Tether, World’s Third Largest Cryptocurrency, Reportedly Face Criminal Probe For Misleading Banks

Executives At Tether, World’s Third Largest Cryptocurrency, Reportedly Face Criminal Probe For Misleading Banks

A years-long federal investigation is closing in on potential criminal charges for executives at Tether, one of the world's most valuable cryptocurrencies and a cornerstone of today's digital currency ecosystem, Bloomberg reports, as U.S. regulators step up efforts to regulate the assets. 

Tether is the third largest cryptocurrency by market value.