Tether


Markets

Tether's Collapse Would Be Chaotic, Not Cataclysmic

Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on.

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Videos

Tether Responds to Bloomberg Report, Saying It’s 'Repackaging Stale Claims as News'

Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk's Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.

Recent Videos

Markets

Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News

According to one analyst, some $1 billion in trading positions were liquidated as prices surged.

Bitcoin appears to have been caught up in a short squeeze that drove prices higher.

Videos

Report: Tether Executives Facing Criminal Bank Fraud Charges

Bloomberg reports executives from Tether are reportedly facing a criminal probe into bank fraud, with the U.S. Department of Justice investigating the USDT issuer for a possible offense conducted years ago. “The Hash” panel discusses the ongoing controversy around Tether and why this developing story is one to watch.

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Markets

USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report

Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.

tether

Policy

Tether Executives Facing Criminal Bank Fraud Charges: Report

The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.

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Markets

Tether General Counsel Tells CNBC Audit Is 'Months' Away

A day after rival stablecoin issuer Circle released more data about the assets behind USDC, Tether executives went on CNBC’s online show Tech Check to answer questions about its own token, USDT.

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Markets

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

SEC Chair Gary Gensler

Markets

Bitstamp Adds Support for Euro-Backed Tether Stablecoin Amid Increasing Demand

Access to EURT will save Bitstamp's euro users time and money without a loss of purchasing power, a Bitstamp executive said.

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