$80,000,000+ in JPMorgan Chase and Wells Fargo Belonging to Montana Payments Firm Abruptly Seized Over Potential Fraud

U.S. prosecutors seized nearly $84 million from bank accounts and cryptocurrency wallets tied to Montana payments firm Capstone, which allegedly posed as an IT company to open accounts at JPMorgan Chase and Wells Fargo while moving money for crypto firms. The civil forfeiture targets funds linked to Tether, according to Reuters.