26 Sep 2025 | 3 Mins Read
Northern Data raids raided by German investigators
Flipitmoney
German investigators carried out raids related to Northern Data AG, a Frankfurt-listed tech firm backed by Tether Holdings. Prosecutors declined to comment on the reason for the raids, but will release details on Monday. Northern Data shares dropped 12% to €16.48 following the news, and are majority-owned by Tether Holdings.