Tech 13 October 2019

This week in tech: SEC settles with companies, Libra in more problems and Tether charged

The week has had everything, from raising millions of dollars in funding, to regulators cracking down on fraudulent projects to adoption by major brands. Oh, and Libra sunk into more problems which led to its backers backing out.

Business 11 October 2019

Bitfinex not required to comply with NYAG document request, court rules

A court in New York has rejected a petition from the New York Attorney General that would compel Bitfinex and Tether to submit all documents relating to the ongoing investigations.

Business 9 October 2019

Tether keeps on minting as legal woes pile up

A roundup on recent Bitfinex and Tether news: Tether Treasury prints new USDT coins, while lawyers for Bitfinex appeal NYAG documents collection request.

Business 8 October 2019

Tether, Bitfinex sued for creating the “largest bubble in history”

But the latest revelations that have surfaced over the past several months have certainly put the companies in a harsh light.

Business 7 October 2019

Tether, Bitfinex brace for ‘mercenary’ crypto market manipulation lawsuits

Tether is at it again, this time promising to fight any lawsuit based on recent research that found the company to manipulate the crypto market.

Business 25 September 2019

Bitfinex no longer needs to turn over documents to NYAG—for now

Bitfinex is being sued, along with Tether, by the AG over questionable operations and has already had to deal with several setbacks.

Business 13 September 2019

Tether prints $300 million USDT for a swap, forgets to burn it

Tether has been caught once again mishandling huge amounts of money, leaving the crypto community baffled.

Business 5 September 2019

Tether co-founder admits he doesn’t have clue how stablecoins work

If there was any doubt over whether or not Tether knew what it was doing, that doubt has now been removed and it is apparent that it doesn’t.

Business 22 August 2019

Embattled Tether to issue Chinese yuan-pegged stablecoin

Tether, which is owned by parent company iFinex, will reportedly issue the Chinese yuan-pegged stablecoin, known as CNHT, in the coming weeks.

Business 21 August 2019

Bitfinex ‘disappointed’ as court rules $850M cover-up probe will proceed

Tether issued a statement in response to Monday’s New York State Supreme Court ruling, saying that they are “disappointed” but will file an appeal.

Business 8 August 2019

New research shows how Tether whales manipulate the market

80% of all USDT Is held by just over 300 people, and that can cause a lot of havoc on the dark coin markets.

Business 30 July 2019

Bitfinex, Tether to remain under investigation by New York AG

Cryptocurrency exchange Bitfinex and stablecoin issuer Tether thought they could convince a judge in New York that the state had no jurisdiction over the entities.