Tether Says EQIBank Exposure Stays Under $64 Million After US Seizure

Tether says its exposure to EQIBank is less than 0.034% of its total group assets, potentially reaching about $64 million based on its $187.75 billion in assets. US prosecutors seized roughly $84.2 million tied to EQIBank's payment processor Capstone, and EQIBank lost access to about $89 million, or 80% of its funds.