Bitcoin Drops 2.5% Amid FBI Investigation into Tether
Bitcoin’s value has dropped 2.5% to $66,450 amid an FBI investigation into Tether for potential sanctions violations. As the world’s most traded stablecoin faces scrutiny over alleged links to criminal activities, the cryptocurrency market experiences increased volatility. With Tether’s daily trading volume at $190 billion, the outcome of this investigation could significantly impact the future of stablecoins and the broader crypto ecosystem.
Concerns Rise Over Unseaworthy Russian Oil Tankers in Gulf of Finland
Investigations reveal alarming trends in Russian oil transport through the Gulf of Finland, with nearly half of the 600 tankers classified as unseaworthy. The ‘shadow fleet’ raises safety and environmental concerns, as many vessels evade regulations. Blacklisted tankers and aging fleets complicate maritime safety, while Russian companies circumvent sanctions by increasing insurance for oil shipments. Ongoing scrutiny highlights the geopolitical implications of these findings for regional stability.
Loophole Allows Russian Oil to Enter UK Despite Sanctions
Russian oil is reportedly finding its way into the UK through a loophole in the refinery process, despite sanctions imposed over the conflict in Ukraine. Research suggests that millions of barrels of fuel made from Russian oil are still being…