# Doj Seizes $84m From Capstone

> Doj seizes $84m from payments firm capstone.
- Title: Doj Seizes $84m From Capstone · Pymnts | Shortify
- Summary: Doj seizes $84m from payments firm capstone. Doj seized $84m from capstone after alleging unlicensed money transmission and crypto fraud.
- Keywords: doj, capstone, tether, bitfinex, eqibank, cryptocurrency, unlicensed money transmission, asset forfeiture, business, finance, Seizes, 84m
- Source: Pymnts — https://pymnts.com/legal/2026/justice-department-seizes-84-million-from-payments-firm-capstone
- Author: PYMNTS
- Published: 2026-09-25T14:41:01+00:00
- Read time: 1 min
- Topics: doj, capstone, tether, bitfinex, eqibank, cryptocurrency, unlicensed money transmission, asset forfeiture, business, finance
## Doj Seizes $84m
The justice department seized $84 million from capstone, a montana-based payments business, alleging unlicensed money transmission and crypto fraud.
## Capstone Alleged Fraud
Capstone allegedly moved money for dominica-based bank eqibank, helping scammers convert stolen cash into stablecoins across six states.
## Tether And Bitfinex Response
Tether and bitfinex stated they had no knowledge of capstone’s alleged fraudulent conduct and that their assets held at eqibank were minimal.
## Capstone Legal Action
Capstone denies wrongdoing and plans to challenge the doj’s civil asset forfeiture complaint by filing a motion to dismiss.
## Eqibank Motion
Eqibank filed a motion seeking the seized funds, claiming it was misled by capstone and believed capstone was properly registered.
## What Happens Next
Capstone aims to resolve the matter quickly after cooperating with the government’s investigation and challenging the doj’s allegations.
## Key takeaway

Doj seized $84m from capstone after alleging unlicensed money transmission and crypto fraud.