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Tether
NY AG’s Probe of Tether, Bitfinex Ends in $18.5M Settlement
Bitfinex and Tether reach a $18.5M settlement with the New York Attorney General, bringing 22-month inquiry to an end. CoinDesk’s Managing Editor, Global Policy & Regulation Nik De joins “First Mover” to explain what this ruling means for the wider crypto industry.
Paxos CEO: Mainstream Adoption of Crypto Will Revolutionize the Financial System
Charles Cascarilla, CEO of Paxos, joins “First Mover” to weigh in on the Bitfinex and Tether settlement, the rise of USDT around the world and the impact of institutional adoption by major players including PayPal.
Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off
The settlement appears to remove what might have been a systemic threat to cryptocurrency markets.
NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement
In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.
SEC Should Monitor Tesla's Elon Musk for Market Manipulation: Roubini
The NYU economist also warned bitcoin could "collapse" if Tether and Bitfinex are indicted this year.
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
Bitfinex says early Friday it repaid fully of the loan to Tether.
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Buying in these stablecoins may foretell where the crypto market is going.
First Mover: Risks Nobody's Ever Seen, From the Fed to Tether (and GameStop)
Risks surrounding tether have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.
What Tether Means When It Says It's 'Regulated'
Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.
