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Tether Reports $1.5B Q3 Profit as US Secret Service Freezes Funds Linked to Binance Theft

Summary by Tekedia
The cryptocurrency industry continues to demonstrate its financial strength while confronting persistent security challenges, as Tether reports $1.5 billion in third-quarter operating profit and excess reserves approaching $7.95 billion. At the same time, the United States Secret Service has frozen a significant portion of funds connected to a theft exceeding $6 billion from Binance. These […]
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Tekedia broke the news on Tuesday, November 3, 2026.
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