Inside EQIBank’s $84M seizure
EQIBank had approximately 80% of its assets frozen as part of a seizure targeting Capstone Limited, leading to a material liquidity crisis for the bank. The seizure is linked to allegations of Capstone misrepresenting its business to banks and processing funds from impersonation fraud schemes.
- Estimated loss
- $84,000,000
- Protocols
- EQIBank, Tether, Bitfinex
- Confidence
- High
- First seen
- 7 Oct 2026, 18:30 UTC