Bitfinex and Tether (USDT) Attempt Dismissal of NYAG Case
May 22, 2019
Cryptocurrency exchange Bitfinex and Tether have moved for a case dismissal of the suit pending against them by the New York Attorney General’s office.
According to court filings on May 21, the lawyers of Bitfinex and…
Joseph Lubin on Tether-Bitfinex Debacle: "It seems like a really big mess that probably won’t get better"
May 10, 2019
Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, has shared his views on the recent debacle involving controversial stablecoin, Tether, and its parent company Bitfinex exchange.
Speaking at the Fluidity Summit…
Bitcoin Manipulation, Binance, Bitfinex, Tether, And That 1.1 Million BTC
May 6, 2019
Bitcoin could still yet break $6,000 as momentum holds, but charges of manipulation and calls for Binance to delist Tether, the 1.1 million bitcoin at the centre of a long-running Florida court case and a New York State injunction…
New York AG Seeks Release of Tether Docs in Bitfinex Case
May 5, 2019
The New York Attorney General’s office has requested that Bitfinex release documents related to its dealing with Tether as apart of the ongoing legal case.
According to a memorandum of law filed on May 3, New York State Attorney…
Cryptocurrency ATM CoinFlip Delaying Tether USDT Addition Following Recent Allegations
May 2, 2019
While the marketplace for cryptocurrency appears to have given its consent to Tether and the USDT coin, with the price still hovering around 1 USD, other crypto-based companies are hesitant to engage in the currency following the most…
Report: Tether USDT Only 74 Percent Backed by Fiat
April 30, 2019
Tether, the company behind the USDT stablecoin, has released a document detailing its fiat holding to support the currency.
According to the report, prepared and issued by the company’s lawyers, Tether only has cash reserves to…
Bitcoin (BTC) Returning To $4,000 Off The Bitfinex, Tether News Might Not Be Bearish
April 28, 2019
Analysts remain divided over how the news that crypto exchange Bitfinex and Tether Limited (USDT’s issuer) are currently in a precarious financial situation will affect Bitcoin (BTC). One analyst has remarked, however, that BTC…
Wash Trading or Defrauding Users in Tether (USDT) May Not Trigger Extradition to the US
April 27, 2019
Tether, the company behind the USDT
stable coin, continues to be the most infamous cryptocurrency firm, ever. Over
the past two years, the company has been accused of numerous shady deals, with
the latest one being the withdrawal of a…
