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      KLEA Crypto Daily: Monday, September 28, 2026

      Key stories from September 28, 2026.

      US Senate Report Links Tether's USDT to Iran's Sanctions-Evasion Activities

      A Senate report reveals that Tether's USDT stablecoin is significantly linked to Iran's efforts to evade international sanctions, with 84% of assessed sanctioned Iranian crypto wallets primarily transacting in USDT. This finding underscores the role of stablecoins in facilitating illicit financial activities, raising concerns among regulators and financial institutions.


      Tether Freezes $550 Million in USDT Linked to Iranian Sanctions

      Tether announced its role in freezing nearly $550 million worth of USDT linked to Iran, amid increasing scrutiny of cryptocurrency's use in facilitating transactions related to sanctioned entities. This action highlights the ongoing efforts by regulators to combat the use of cryptocurrencies in illicit activities and the significant role stablecoins play in international finance.


      Bitcoin ETFs Attract Nearly $3 Billion in Inflows Over Seven Sessions

      Bitcoin exchange-traded funds (ETFs) have seen a remarkable surge, attracting nearly $3 billion in net inflows within just seven sessions, signaling a renewed investor confidence in the cryptocurrency market. This influx, particularly into U.S. spot funds, marks a significant turnaround and could influence broader market dynamics as institutional interest continues to grow.


      Bitget Suffers Major Security Breach, $387.5 Million Stolen and Laundered by North Korea-Linked Actors

      Bitget experienced a significant security breach resulting in the theft of approximately $387.5 million, marking one of the largest digital asset thefts recorded in 2026. The incident has raised alarms about the security of cryptocurrency exchanges and the ongoing issue of money laundering linked to North Korean actors, highlighting vulnerabilities in the sector.


      Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in Hours

      Gold and silver shed more than $550 billion over a three-hour stretch earlier today, causing Bitcoin's price to slide alongside them instead of acting as a refuge. This dramatic shift highlights the interconnectedness of crypto and traditional markets amid rising bond yields and rate-hike bets.


      California Bans Official Meme Coins, Cites Trump’s Crypto Venture

      California Governor Newsom signed AB 2409, banning state officials from issuing meme coins, a move framed as a response to President Trump's controversial crypto venture. This legislation aims to protect consumers from potential scams and establishes guidelines for restitution for victims.


      © 2025 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud