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Wire · regulatory

Tether Says DOJ Credited Its Assistance in $52 Million Xinbi Crypto Scam Crackdown

12 September 2026 · By · Wire by Fusion42

Published

12 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at cryptorank.io →

◆ Verified

Fusion42 · 12 September 2026 · Fusion42 review

The US Department of Justice credited Tether for its cooperation in the crackdown on the $52 million Xinbi crypto scam, highlighting increasing regulatory scrutiny on stablecoin issuers in fraud investigations.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 11 Sep 2026 and 13 Sep 2026.

◆ ◆ The Wire takeaway

You face rising pressure from US regulators linking stablecoins to crypto scams. This is an opening to build trust by proactively cooperating or risk losing market access.

◆ Coverage

3 sources · first reported 11 Sep 2026 · latest 13 Sep 2026

◆ Related on Wire

◆ Topics

Fintechtethercrypto-scamdojstablecoinregulation