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Tether Limited also disclosed a net equity of $11.9 billion, and the stablecoin's market capitalization exceeded $114 billion. [5] [6] Tether faces criticism regarding the transparency and verifiability of its claimed fiat reserves. [7] Tether is the largest cryptocurrency in terms of trading volume, holding 70% of the market share among ...
Tether has been linked to groups including Hamas and Russian arms dealers have been linked. "There is no indication that Tether is under investigation," Tether CEO Paolo Ardoino posted on X after ...
In 2021, Tether paid $61 million to New York authorities to settle charges that it was misrepresenting the assets that back its stablecoin (a big no-no that Tether chalked up to a communications ...
Tether is the world's largest stablecoin, a type of cryptocurrency designed to hold a fixed value over time. "There is no indication that Tether is under investigation," Tether CEO Paolo Ardoino.
Tether, a cryptocurrency stablecoin, which states that its coins are pegged 1:1 with the US dollar, had a class action filed against it in November 2019 alleging that Tether issuances had been timed to trigger movements in the price of Bitcoin. Research conducted by Fideres found that there were significant price moves following Tether issuances.
Ardoino has also led Tether to invest in the growth of renewable energy and sustainable Bitcoin mining in Uruguay. [11] [12] Under Ardoino, Tether has collaborated with law enforcement to crack down on crypto-based scams, including a $225 million pig-butchering scam. [13]
The controversial Tether is reportedly facing a probe from both the Justice and Treasury departments. Tether was an outlaw for years. Now the $132 billion stablecoin has a key ally in Trump’s ...
tether was shady, but rising rates and fallen competitors mean that it stumbled into a good legit business 3. remains shady (in what way?)." I suspect it's number 2 but, like Levine and everyone ...