Bloomberg: The U.S. Department of Justice is re-examining the case of "Tether concealing crypto-related transactions from banks."

ChainCatcher news, according to Bloomberg citing informed sources, the case regarding whether the U.S. Department of Justice "reviewed whether Tether concealed crypto-related transactions from banks" has been transferred internally within the department after months of legal disputes, and has been moved from Washington to Manhattan. The U.S. Attorney for Manhattan, Damian Williams, has recently taken over the investigation and has been asked to discuss this confidential case anonymously, recently obtaining a confession from someone associated with Tether.

Tether declined to comment before the publication of this article. It later issued a statement online stating that this is "not even factual old news." It responded that "for more than a year, Tether executives have not interacted with the Department of Justice regarding any investigation, and the Department of Justice does not appear to be actively investigating Tether." Tether stated that it does engage in regular, open dialogue with law enforcement agencies, including the Department of Justice, and collaborates with authorities around the world. (Bloomberg)