The Crypto Company Behind Tether Used Forged Documents And Shell Companies To Get Bank Accounts

In late 2018, the companies behind the most widely traded cryptocurrencies struggled to maintain access to the global banking system. Documents show that some of their backers have returned to shadow intermediaries, falsified documents and shell companies.

One of these intermediaries, a major Chinese tether trader, was trying to “evade the banking system by providing fake sales invoices and contracts for every deposit and withdrawal.” Stephen MooreOne of the owners of Tether Holdings.

https://www.wsj.com/articles/crypto-companies-behind-tether-used-falsified-documents-and-shell-companies-to-get-bank-accounts-f798b0a5?mod=rss_markets_main The Crypto Company Behind Tether Used Forged Documents And Shell Companies To Get Bank Accounts