Tether's EQIBank Exposure Under 0.034%

Tether's exposure to EQIBank is minimal, according to the company, representing less than 0.034% of its total assets.

This amounts to approximately $63.8 million based on Tether's latest disclosed total assets of $187.75 billion, although the exact amount and how much is currently inaccessible remain unclear.

The USDT issuer stated it had no knowledge of the conduct alleged against Capstone Limited, a Montana-based payments company at the center of a civil forfeiture case filed in the U.S. District Court for the Eastern District of California on July 15.

The case involves approximately $84.2 million held by U.S. authorities, including roughly $79.11 million held in a Wells Fargo Securities account and other amounts held at JPMorgan Chase and cryptocurrency addresses.