---
title: "How $37 million stolen from Americans moved through a Bahamas bank into Tether’s USDT"
url: https://thecoingazette.com/how-37-million-stolen-from-americans-moved-through-a-bahamas-bank-into-tethers-usdt/
date: 2026-10-25
modified: 2026-10-25
lang: en
author: "Coin Gazette Editorial"
description: "Prosecutors allege a bank-to-USDT laundering role in a case involving 174 identified US victims; no new repayment figure was announced. Read the full story on CryptoSlate Understand the crypto stories..."
categories:
  - "Crime"
  - "Featured"
word_count: 42
---

# How $37 million stolen from Americans moved through a Bahamas bank into Tether’s USDT

Prosecutors allege a bank-to-USDT laundering role in a case involving 174 identified US victims; no new repayment figure was announced.

[Read the full story on CryptoSlate](https://cryptoslate.com/how-37-million-stolen-from-americans-moved-through-a-bahamas-bank-into-tethers-usdt/)

Understand the crypto stories that matter and what to watch next. [Get The Catalyst in your inbox](https://cryptoslate.com/newsletters/#newsletter-catalyst)