Justice Department Seizes $84 Million From Payments Firm Capstone

The Justice Department seized bank accounts of Montana-based payments business Capstone , alleging that the company was unlicensed, misrepresented its business to U.S. banks and may have made payments on behalf of two unnamed cryptocurrency firms, the Financial Times reported Friday (Sept. The FT reported, citing unnamed sources, that the two firms are stablecoin issuer Tether and its affiliated exchange Bitfinex .