Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT

2022-9-21 07:17

The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.

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Tether (USDT) на Currencies.ru

$ 1.0003 (-0.01%)
Объем 24H $221.159b
Изменеия 24h: 0.01 %, 7d: 0.00 %
Cегодня L: $0.9995 - H: $1.0008
Капитализация $134.704b Rank 4
Цена в час новости $ 1.0001 (0.02%)

usdt unbacked alleges lawsuit issuances damage market

usdt unbacked → Результатов: 6


People will exchange (unbacked) USDT for the value of a dollar, claims Tether co-founder William Quigley

Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial.

2019-9-6 23:30


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30