Tether

Internal documents detail efforts by Tether Holdings and Bitfinex to maintain access to the banking system by using shadowy intermediaries and shell companies (Wall Street Journal)

March 3, 2023

[ad_1] Wall Street Journal: Internal documents detail efforts by Tether Holdings and Bitfinex to maintain access to the banking system…

Business

Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it

February 9, 2023

[ad_1] Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether…

Tether claims $700M in Q4 profit, in addition to its reserves, and $67.04B in total assets and $66.08B in liabilities; Tether-secured loans were down by $300M (Yogita Khatri/The Block)

February 9, 2023

[ad_1] Yogita Khatri / The Block: Tether claims $700M in Q4 profit, in addition to its reserves, and $67.04B in…

A profile of stablecoin developer Tether, which has withstood huge redemption runs during the current brutal crypto winter, competition, and regulatory pressure (Forbes)

December 22, 2022

[ad_1] Forbes: A profile of stablecoin developer Tether, which has withstood huge redemption runs during the current brutal crypto winter,…

Accounting firm BDO, whose Italian member BDO Italia recently signed off on reserves reports for Tether, says it is reconsidering its work for crypto companies (Wall Street Journal)

December 17, 2022

[ad_1] Wall Street Journal: Accounting firm BDO, whose Italian member BDO Italia recently signed off on reserves reports for Tether,…

Tether plans to stop using loans denominated in its tether stablecoin throughout 2023, following a report on the potentially risky practice (Wall Street Journal)

December 14, 2022

[ad_1] Wall Street Journal: Tether plans to stop using loans denominated in its tether stablecoin throughout 2023, following a report…

Chinese police arrest 63 people accused of laundering up to ~$1.7B using Tether, starting in May 2021, after arresting 1,100+ people on similar charges in 2021 (Arjun Kharpal/CNBC)

December 13, 2022

[ad_1] Arjun Kharpal / CNBC: Chinese police arrest 63 people accused of laundering up to ~$1.7B using Tether, starting in…

Tether freezes FTX's $46M in USDT on the Tron blockchain at the request of law enforcement while investigations occur (Oliver Knight/CoinDesk)

November 10, 2022

[ad_1] Oliver Knight / CoinDesk: Tether freezes FTX’s $46M in USDT on the Tron blockchain at the request of law…

Nansen: over the past 24 hours, around $1B in ether, $950M in USDC, $400M in tether, and $195M in BUSD have been withdrawn from exchanges (Adam James/The Block)

November 9, 2022

[ad_1] Adam James / The Block: Nansen: over the past 24 hours, around $1B in ether, $950M in USDC, $400M…

Tether says it has reduced its commercial paper holdings to zero, replacing them with US Treasury bills (Nelson Wang/CoinDesk)

October 13, 2022

[ad_1] Nelson Wang / CoinDesk: Tether says it has reduced its commercial paper holdings to zero, replacing them with US…