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AI Cloud Firm Northern Data Raided by German Investigators

September 26, 2025 at 11:55 AM UTCUpdated on September 26, 2025 at 1:06 PM UTCGerman investigators have carried out raids in relation to Northern Data AG, the Frankfurt-listed technology firm backed by stablecoin issuer Tether Holdings Ltd. that has been moving away from crypto mining to focus on artificial-intelligence computing. “There were raids in connections with Northern Data yesterday,” a spokesperson for Frankfurt-based prosecutors told Bloomberg News on Friday. The spokesperson declined...

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