Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies
the Cullen Commission in Canada on money laundering asked Bitfinex - Tether people to testify at our govt inquiry on money laundering, and asked them nothing about their operations. https://twitter.co...
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation into Do Kwon and hi...
FTX US tells users to close out positions as it may halt trading in days, hours after SBF said FTX US is “100% liquid”; some Tron-linked tokens can be withdrawn
eg. Bahamas account creates an NFT, the stuck user buys the NFT with their full balance. https://twitter.com/... @statelayer : lots of sizable withdraws hapenning in the last hrs (this is USDT) , peop...
Tether freezes FTX's $46M in USDT on the Tron blockchain at the request of law enforcement while investigations occur
The stablecoin lost its $1 peg earlier on Thursday. — Stablecoin issuer Tether has frozen $46 million of USDT held on the Tron blockchain by failing crypto exchange FTX following a request from law ...
A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit claiming Tether conspired to issue USDT to pump bitcoin prices
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies
Kadhim Shubber / Financial Times : Tweets: @sindap , @kadhim , @bitfinexed , @alexhern , @shortl2021 , @kadhim , @kadhim , @alexhern , @lhm1 , and @kadhim Tweets: Sujeet Indap / @sindap : really inte...
CFTC files and settles charges against Tether and Bitfinex, ordering them to pay a total of $42.5M for making “untrue or misleading statements” about USDT
The Commodity Futures Trading Commission (CFTC) simultaneously filed and settled charges against Tether and Bitfinex today … Source: CFTC .
CFTC files and settles charges against Tether and Bitfinex, ordering them to pay a total of $42.5M for making “untrue or misleading statements” about USDT
The Commodity Futures Trading Commission (CFTC) simultaneously filed and settled charges against Tether and Bitfinex today …
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor
if they service a substantial # of US customers they don't immunize themselves from US regulations and laws by locating offshore http://www.wsj.com/... Jeff Roberts / @jeffjohnroberts : You go to pris...
Source: US regulators subpoenaed Bitfinex and subsidiary Tether amid doubts that Tether's USDT, which the firm says is pegged to USD, has sufficient reserves
Matthew Leising / Bloomberg :