2019-11-16 23:42 |
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred. origin »
Bitcoin price in Telegram @btc_price_every_hour
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As you may know, the New York Attorney General’s office (NYAG) is during a case against Bitfinex and Tether. The companies, which are a crypto exchange and a stablecoin provider, were accused of sharing money in an illegal way.
2019-8-3 19:23 | |
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Popular Bitcoin block explorer website Blockchain. com is expanding into crypto trading thanks to a newly launched platform dubbed The Pit. The exchange is based in London and will offer a multitude of trading pairs for bitcoin, Ethereum, Bitcoin Cash, Tether, Litecoin, and Paxos.
2019-7-30 20:00 | |
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The ongoing tiff between crypto-giant iFinex and the New York Attorney General’s Office (NYAG) over Bitfinex’s jurisdiction continues to pique the interest of the cryptocurrency community. While the initial legal battle was limited to New York AG’s claims of Bitfinex covering its $850 million losses with Tether, the two continue to fight over Bitfinex’s jurisdiction […] The post Bitfinex, New York Attorney General’s legal battle set to go on after fresh extension appeared first on AMBCrypto.
2019-7-30 13:35 | |
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iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.
2019-7-24 12:56 | |
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Tether, the issuer of the USDT accidentally issued $5 billion worth of its own stablecoin while Poloniex was conducting a USDT chain swap from Omni to Tron. The CTO of Bitfinex and Tether said there had been an issue with the “token decimals,” after which the company burned the entire 5 billion supply.
2019-7-16 06:00 | |
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Tether, the controversial stable coin has somehow learned the art of survival, especially at times when most of the community is betting against it. The stable coin has been at the center of numerous controversies right from the time of its inception.
2019-7-7 19:39 | |
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The Bitcoin community was relishing in the coin’s performance recently. However, other crypto-enthusiasts appeared skeptical of the king coin’s growth. The suspicion of Tether and Bitfinex’s involvement in the said surge constantly did the rounds, and with Tether Treasury printing USDT in the name of swaps, this suspicion was strengthened in the community.
2019-7-6 13:00 | |
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Coinspeaker Bitfinex Has Relinquished a $100 Million of its Loan from TetherFollowing the 2016 cyber attack on top cryptocurrency exchange - Bitfinex, that brought about its loss of $700 million Customer funds.
2019-7-3 14:20 | |
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Tether (USDT) trade volumes continue to ride high with trends similar to the cryptocurrency market highs of late 2017. The performance of this stablecoin certainly provides an interesting indicator of the overall health of coin markets.
2019-6-21 21:59 | |
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Some proponents in the cryptocurrency market have stated that 2019 will be the year of stablecoins, this speculation evidenced by the number of recent updates and developments in the space. In a recent analysis by Skew Markets, it was shown that all the top stablecoins, including Tether, had seen significant increases in market caps over […] The post USDC is now the largest stablecoin by market cap after Tether, claims Skew Markets analysis appeared first on AMBCrypto.
2019-6-19 01:30 | |
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Since half of 2019 has passed by, we can now gain a firm perspective on the cryptocurrency market’s trends over the past six months. Bitcoin is up over 140 percent, crypto-exchanges are still vulnerable and on the face of it, Tether is still mired in controversy.
2019-6-18 20:00 | |
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Tether treasury just got itself out of the whole Bitfinex fiasco. However, it is back in the news after it minted 150,000,000 USDT. Tether claims to have backed every USDT with the US Dollar. However, during its feud with the New York Attorney General, it was revealed that only 74% of Tether was backed by […] The post Bitfinex’s CTO responds to speculations of ‘Tether dump’ after treasury mints 150 million USDT appeared first on AMBCrypto.
2019-6-14 20:30 | |
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By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution.
2019-5-31 14:30 | |
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By CCN: The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Bitfinex: Supreme Court Ruling a “Victory” The embattled exchange called the ruling a “victory” and insinuates that the case will end up going nowhere.
2019-5-18 02:20 | |
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Paolo Ardoino, CTO of cryptocurrency exchange Bitfinex, claims the company has raised capital for its billion-dollar initial enterprise offering (IEO) through private placements from investors in iFinex Ltd, the parent of both Bitfinex and Tether, in a tweet on 13 May, 2019.
2019-5-14 01:00 | |
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Tether and Bitfinex vow to fight NY attorney general’s claims that $850 million of Tether’s cash reserves was used to plug losses
2019-5-7 14:15 | |
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A New York judge has partially sided with Bitfinex and Tether in the ongoing court case
2019-5-7 14:00 | |
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Bitcoin May Soon See Another Parabolic Run Thursday saw Bitcoin (BTC) push past $5,500 yet again, despite the Tether “FUD,” sparking claims that a parabolic bull rally is around the corner yet again.
2019-5-3 10:33 | |
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It is fair to say that every trader around the world is in consensus with respect to recognizing the instability and risk-laden aspect of the cryptocurrency market. The recent Tether-Bitfinex drama caused a lot of chaos in the community, with investors left outraged as Tether dropped in valuation in the market.
2019-5-2 01:30 | |
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A week after allegations of Bitfinex’s $850 million Tether ‘cover-up’ broke, the story is still dominating crypto-twitter. And although Binfinex challenges the claims, the ripples from the splash are already affecting both its business and Tether’s.
2019-5-1 20:00 | |
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Summary:Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support.
2019-5-1 01:32 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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In an affidavit containing the subheading "Tether Holders Are Not at Risk,” Stuart Hoegner, a lawyer representing Tether, admits that the company only has the fiat reserves to back about 74 percent of its coins.
2019-5-1 21:04 | |
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Following his inexplicable disappearance from Twitter, Craig Wright recently made an appearance to discuss the ongoing drama and speculation surrounding the pseudonymous creator of Bitcoin. During an interview with Crypto Finder, Wright dismissed the requirement of a private key as evidence to prove his involvement in the development of Bitcoin.
2019-4-29 22:30 | |
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The price of bitcoin closed effectively unchanged versus last week’s close – after hitting a recent high of $5,640 – as a result of the New York Attorney General Office’s claims that Bitfinex has been covering up an $850 million loss using funds from its sister company Tether.
2019-4-29 19:00 | |
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Bitcoin’s dominance [BTC] in the cryptocurrency market was evident after the coin’s recent price fall caused a domino effect in the market. Considering it is the largest virtual asset in the ecosystem, the price of Bitcoin often affects the entire market collectively.
2019-4-29 14:00 | |
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The exchange, closely related to the Tether printing mechanism, claims the alleged losses of $850 million were kept safely with Crypto Capital.
2019-4-26 14:13 | |
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Cryptocurrency exchange Bitfinex has come out to defend its position after the New York State Attorney General filed a lawsuit against the company and Tether for fraud. Bitfinex maintains that the report claiming that it has lost $850 million at Crypto Capital were false.
2019-4-26 13:59 | |
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Tether has denied prosecutors’ claims that its reserves were used to cover an $850 million loss at Bitfinex
2019-4-26 13:31 | |
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Following the New York Attorney General’s accusations of a $850M cover-up by Bitfinex, the company has issued its response. Binfinex refutes the claims as ‘riddled with false assertions’ and that the funds are not lost.
2019-4-26 10:00 | |
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Bitcoin and Tether have been closely related since time immemorial, but the recent string of events pushed the price of Bitcoin down by 9% in about 3 hours. This has caused a domino effect, causing the price of other altcoins to fall as well.
2019-4-26 08:04 | |
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Bitcoin and Tether have been closely related since time immemorial, but the recent string of events pushed the price of Bitcoin down by 9% in about 3 hours. This has caused a domino effect, causing the price of other altcoins to fall as well.
2019-4-26 08:04 | |
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Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a […] The post USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire appeared first on AMBCrypto.
2019-4-16 04:30 | |
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Popular stablecoin Tether has updated its Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg. No One Does it Better Than Tether Tether has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US Dollar and that it has been used to manipulate Bitcoin prices.
2019-3-16 22:00 | |
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On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s Terms of Service and Risk Disclosure which described that its USD reserves will be composed of loans issued by Tether, not solely by cash.
2019-3-14 19:48 | |
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Popular stablecoin Tether (USDT) – the world’s 9th largest cryptocurrency by means of market cap, has once again attracted the attention of the crypto community. As noticed by existing Tether investors, the project has removed previous claims that the stablecoin was entirely backed by US dollars.
2019-3-14 18:32 | |
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Controversy over Tether’s backing continues after a Reddit user picks up changes to the stablecoin’s website description
2019-3-14 12:50 | |
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Michael Gronager, the CEO of Chainalysis, claims that they failed to detect anything alarming about Tether
2019-3-27 20:00 | |
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The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question.
2019-1-12 23:01 | |
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Reports from the Central Bank of the Bahamas indicate that Tether Ltd. may have never deposited funds into the country. These findings could suggest that Tether may be holding their reserves elsewhere, or not have any reserves at all.
2018-12-26 03:03 | |
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Bloomberg has claimed to have witnessed bank statements evidencing that Tether does indeed possess the dollars required to back the USDT tokens that are in circulation. Despite the bold claim, nearly all documentation cited in the report is dated from the year 2017.
2018-12-21 01:00 | |
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Tether has been a stablecoin from the start, which is what they’ve claimed. There’s been numerous reports about their validity as such, and there’s been documentation provided that is rumored to be false.
2018-12-18 22:08 | |
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Banks statements show that Tether could back up its claims, at least during those points in time for which documentation is available.
2018-12-19 21:43 | |
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Tether has the funds to convert all USDT into USD according to bank statements seen by Bloomberg which claims the veracity of these USD funds has been confirmed by an unnamed... The post Tether is Apparently Fully Dollar Backed Afterall appeared first on Trustnodes.
2018-12-18 18:20 | |
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Accusations and allegations come and go like wildfire in the world of cryptocurrency, but the suspicion surrounding Tether and its potential involvement in market manipulation is perhaps the most persistent story of 2018.
2018-11-21 08:59 | |
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The U. S Department of Justice (DOJ) has set its sights on Bitfinex and Tether Ltd in its probe into last year’s bitcoin price surge. The DOJ is inquiring into the possibility of market manipulation, involving the use of Tether’s stablecoin to drive up the price of Bitcoin.
2018-11-21 23:28 | |
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The Tether company claims to have $1.8 billion after a serious restriction of Tether in circulation.
2018-11-5 17:18 | |
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Tether Ltd. has confirmed the identity of its new bank. The company behind the eponymous tether stablecoin (USDT) has historically been reluctant to disclose its banking arrangements, for fear they might be jeopardized.
2018-11-2 14:40 | |
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Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC).
2018-10-24 20:14 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General (NYAG) Letitia James’ civil fraud suit against them.
New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis.
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry.
The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided.
A New York judge ordered Bitfinex and Tether to turn over financial documents to the New York Attorney General's office, but left the timing to the parties to coordinate.
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday.