Tags: Tether

US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI

Bitcoin holders are increasingly embracing self-custody amid a waning trust in cryptocurrency exchanges.

The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15 of its target two weeks after launch.

Ether price struggles amid regulatory concerns and a drop in DApp usage.

BTC‘s correction reveals a disconnect between pro traders‘ confidence and retail investors‘ skepticism amid regulatory shifts.

Tether and Bitfinex Settle Dispute, Will Share Information Under FOIL Request – Here’s What You Need to Know

Tether and Bitfinex have decided to forgo opposition in FOIL request response.

Tether and Bitfinex say the decision not to appeal the Freedom of Information Law request by several media outlets was made in the interests of transparency.

Polygon has been a partner for the Swiss city since at least 2022, providing the infrastructure for its stablecoin.

It’s unclear if the Tether transfer is related to the Binance settlement, but the timing and amount of the move is enough to raise eyebrows.

Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto "altcoins" should be in the same category at all that is.

Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.

Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether.

Tether deposited $1B+ in Britannia Financial subsidiary and now there’s an ongoing legal battle in London High Court over the Bahamas brokerage sale.

The investigation was conducted with blockchain analysis firm Chainalysis. The $225 million is the largest-ever freeze of USDT, Tether said.

The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.

Tether has enacted its largest token freeze in history following a months long criminal investigation with OKX.

Tether’s Paolo Ardoino said the company is not in a hurry to be the world’s biggest bitcoin miner.

Tether has ambitions to reach 1 of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push.

Dolifka filed the class suit against Tether in October 2021, accusing the company of misleading customers regarding the attributes of USDT.

USDT’s rise has overshadowed USDC’s struggles this year.

Tether’s USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.