Bitfinex, NYAG called to video conference with New York court
Attorney General Letitia James’s request seeking a conference before the New York Supreme Court has now been granted.
Latest Tether News
New York AG wants to compel Bitfinex to share Tether loan documents
The NYAG’s office claimed that it had failed to resolve the matter with the digital currency exchange, necessitating the latest legal action.
Bitfinex wants $1.4T market manipulation lawsuit dismissed
The plaintiffs have failed to directly tie Bitfinex to the trading accounts accused of manipulation, according to the digital currency exchange.
Bittrex and Poloniex seek summary judgment in market manipulation case
The suit points to a University of Texas study, which claims that Bitfinex may have used its Tether to buy large amounts of BTC.
Bitfinex, Tether fraud investigation to proceed in New York
The ruling is the affirmation of a decision allowing the NY Attorney General to proceed with its Martin Act investigation of Bitfinex and Tether.
Tether probe ruling puts another spotlight on Brock Pierce
The New York State Attorney General has received approval to further investigate the Tether "stablecoin" and its web of corporate backers.
USDC blacklists an address for the first time
A blacklisted USDC address can no longer receive USDC, and all of the USDC controlled by the address cannot be transferred on-chain.
Police in China seize $15M in fake digital currency scam bust
The authorities seized BTC, ETH and Tether (USDT) to the tune of $15 million, alongside a McLaren and a Ferrari.
Stablecoin transaction volume reaches new all-time high
The stablecoin adjusted transaction volume reached $54.9 billion in June, a 13% increase from the $48.2 billion transacted in May.
BTC-Tether relationship: How long can it last?
It's time to take another look at USDT, the USD-pegged "stablecoin" otherwise known as Tether.
Tether fires up money printer as supply jumps 37% in a day
Tether’s supply increased by over 37% on May 13, with USDT’s market cap jumping to $8.7 billion in seconds as new money was printed.
Did Tether just print $120 million new USDT?
Given the concern regarding Tether actually being fully backed, the event seems counter-intuitive to what is supposed to be the nature of Bitcoin.