Howard Lutnick is Tether's legal custodian. Tether is...

[CousinIT]

...the terror-sanctions evasion money pot.

“From Hamas to North Korean Nukes, Cryptocurrency Tether Keeps Showing Up
Tether has allegedly been used by Hamas, drug dealers, North Korea and sanctioned Russians”

NOTE: The article IS FROM OCTOBER 2023, so many may be aware of this. I post for those who are unaware of what an international crime syndicate Trump's administration is. This focuses on only one member of his crime syndicate: Howard Lutnick, his Secy of Commerce.

https://www.wsj.com/finance/currencies/most-popular-cryptocurrency-keeps-showing-up-in-illicit-finance-71d32e5e

Tether, the $84 billion so-called stablecoin bridging the worlds of cryptocurrencies and the dollar, is increasingly showing up in investigations tied to money laundering, terror financing and sanctions evasion.

Tether is now the world’s most heavily traded cryptocurrency by volume. The stablecoin, also known as USDT, maintains a 1:1 exchange ratio with the dollar. Traders use it to stash their cash, easily invest in other cryptocurrencies or swap it into traditional currencies such as the dollar.

Another use for tether seems to be in illicit finance, according to indictments, blockchain analysis and sanctions notices. In the past year, the cryptocurrency appears to have been used in financing Hamas, paying Chinese fentanyl suppliers, funding the North Korean nuclear program and helping buy sanctioned Venezuelan oil for sanctioned Russian oligarchs.
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. . .

Tether’s eponymous parent company, Tether Holdings, is getting all of the benefits of the higher rates. The company generates billions of dollars of cash as one of the 22 largest buyers of U.S. Treasury debt, holding more than countries like Mexico and Spain, according to the company.

[Bernardo de La Paz]

1. Paywalled and you don't quote anything linking Lutnick. You can do better. . . . nt