company

Capstone Ltd

US-based payment provider.

Known aliases

Capstone
Capstone Ltd.

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest2 publishers

US bank accounts held $83 million of the $84.2 million DOJ seeks from a Tether-linked processor

DOJ is seeking $84.2 million from Tether-linked processor Capstone, almost all of it held in Wells Fargo and JPMorgan accounts with just $1.1 million in USDT. The Dominica bank behind Capstone says losing the funds could liquidate it, while Tether puts its exposure under 0.034% of assets.

Publishers:cryptopolitan.comdecrypt.co

Reality

Evidence55
Adoption: Insufficient
Hype gap+10
Incentives60
Confidence60

invest1 publisher

US freeze on Tether-linked payments firm Capstone locks up 80% of EQIBank's money

US prosecutors froze $84.2 million held by Capstone, a payments group that people familiar with the case say paid out for Tether and Bitfinex. EQIBank, the Dominica bank between them, says the freeze locked up most of its money, and a judge has turned down its first bid to get it back.

Publishers:cryptopolitan.com

Reality

Evidence58
Adoption: Insufficient
Hype gap+15
Incentives62
Confidence52

invest1 publisher

US seizure of a payment provider's accounts leaves EQIBank holding a fifth of its money

EQIBank says a US seizure of about $89 million from accounts tied to payment provider Capstone, roughly 80% of its money, could force it to liquidate. A federal court in California now has to decide whether the $84.2 million prosecutors want forfeited belongs to the bank.

Publishers:cryptobriefing.com

Reality

Evidence40
Adoption: Insufficient
Hype gap+15
Incentives55
Confidence42