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USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

A A - $0.599173315258323 major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts.

Source: news.bitcoin.com

Related symbols: USDTUSD

2025-07-12 21:53:01 GMT.

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Price & Market Data

Price: $0.599173315258323

Volume 24h: $93,633,915.27

Market Cap: $946,051,488.80

Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.