Tagged: tehter

Tether Tops $60 Billion in “Flight to Safety”

Tether (USDt) saw its market cap top $60 billion as crypto investors sought a safe haven during the most recent crypto crash. Currently, Tether is hovering below $60 billion as crypto markets appear to be recovering and Bitcoin has bounced by over 15% in the… Read More

Judge Grants Stay of Orders Compelling Business Records in Bitfinex Fraud Case

The ball is back in embattled crypto exchange Bitfinex’s court after a different presiding judge has granted a stay of orders compelling financial records pending an appeal. Cryptocurrency companies Bitfinex and Tether and parent company iFinex have been fighting ex parte orders issued in April… Read More

Tether Releases “Randomized Inspection” of Its Accounts by Own Law Firm

Tether Limited, the rumour-plagued company that issues a “stable coin” cryptocurrency called Tether, has released documentation showing that, on June 1st, company accounts held enough reserves to back the $2.54 billion dollars of tether the company has injected into many corners of the cryptocurrency-trading ecosystem…. Read More

Send this to a friend