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$4 million Kenyan bank theft linked to USDT laundering: report

Summary by Bitcoin Ethereum News
The post $4 million Kenyan bank theft linked to USDT laundering: report appeared on BitcoinEthereumNews.com. Homepage > News > Business > $4 million Kenyan bank theft linked to USDT laundering: report Stablecoin adoption has skyrocketed in Africa, where use cases span cross-border remittances, payments, and hedging against depreciating local currencies. However, their use in crime is also on the rise. In Kenya, cybercriminals who stole over $4 m…
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CoinGeekCoinGeek
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$4 million Kenyan bank theft linked to USDT laundering: report

The Kenyan bank’s security system was breached by cybercriminals who created new digital wallets into which they channeled customer funds, authorities say. The post $4 million Kenyan bank theft linked to USDT laundering: report appeared first on CoinGeek.

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CoinGeek broke the news in on Thursday, July 31, 2025.
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