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237 results for

Tether

Cantor Fitzgerald: Tether’s Mysterious $39 Billion Fund Manager 10

Cantor Fitzgerald: Tether’s Mysterious $39 Billion Fund Manager

Aditya Anand·February 10, 2023
A report by WSJ revealed that Wall Street's Cantor Fitzgerald helps oversee Tether's $39 billion bond portfolio that back its USDT stablecoin.
Tether Posts $700 Million Profit, Eliminates Commercial Paper From Reserves 11

Tether Posts $700 Million Profit, Eliminates Commercial Paper From Reserves

Aditya Anand·February 9, 2023
Tether's latest attestation report revealed that the USDT issuer's assets exceeded its liabilities. CTO Paolo Ardoino claimed that the firm made a profit of $700 million in the last quarter of 2022.
Justin Sun

Justin Sun’s Tron DAO Reserve To Buy $1 Billion Tether (USDT)

NagaNaga Avan-Nomayo·November 10, 2022
Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe 12

Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe

Aditya Anand·October 31, 2022
Tether has criticized a report published by Bloomberg that talks about a renewed investigation onto it's bank fraud case. The company has alleged that Bloomberg is recycling old news for attention.
Tether

Judge Presiding Over $1 Trillion Tether Lawsuit Dismisses Roche Freedman From Representing Plaintiffs: Bloomberg Report

NagaNaga Avan-Nomayo·October 14, 2022
Summary: A New York Judge has ordered that law firm Roche Freedman step down as lead counsel in a class...
Tether

Tether: USDT Is Not Backed By Commercial Paper Anymore

Aditya Anand·October 13, 2022
Tether

New York Court Orders Tether To Provide USDT Financial Records

NagaNaga Avan-Nomayo·September 21, 2022
Summary: USDT issuer Tether was ordered to make financial documents for its stablecoin available to the court. The order issued...
Ethereum

The Merge Week: Tether (USDT) Backs Ethereum’s Proof-Of-Stake Upgrade

NagaNaga Avan-Nomayo·September 12, 2022
Summary: USDT issuer Tether supports Ethereum’s upcoming proof-of-stake transition. Tether stressed only ETH PoS would receive backing. Support for hard-forked...
Tether

Tether’s (USDT) $8.5 Billion Commerical Paper Holdings Validated By BDO Audit

NagaNaga Avan-Nomayo·August 19, 2022
Tether

Tether Denies Chinese Commerical Paper Holdings, Plans To Eliminate Short-term Debts By Q4 2022

NagaNaga Avan-Nomayo·July 27, 2022
Summary: USDT stablecoin issuer Tether cleared the air on its short-term debts, again. The digital asset company debunked rumors that...
Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform 13

Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform

Avatar photoJohn P. Njui·July 8, 2022
Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan...
Tether CTO Highlights a Coordinated Attack by Hedge Funds to Short USDT, Reiterates the Stablecoin is 100% Backed 14

Tether CTO Highlights a Coordinated Attack by Hedge Funds to Short USDT, Reiterates the Stablecoin is 100% Backed

Avatar photoJohn P. Njui·June 27, 2022
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