A consumer watchdog has warned about the lack of transparency Tether exhibits in confirming the reserves backing its stablecoin and it ignoring the amount of crime USDT facilitates. Non-profit …
Cyber Capital founder calls Tether a $118B Fraud, bigger than FTX and Madoff
Cyber Capital founder Justin Bons has criticized stablecoin issuer Tether, labeling it an “existential threat” to the crypto industry. Bons believes Tether is a $118 billion fraud, larger than FTX and …
England’s High Court rules Tether’s stablecoin USDT qualifies as property
The High Court of Justice for England and Wales issued a ruling that allowed Tether’s stablecoin USDT to qualify as property. The ruling came just a day after the jurisdiction’s administration …
English High Court Declares Tether’s USDT Stablecoin as Property
England’s High Court rules that Tether’s USDT stablecoin qualifies as property, marking a significant legal development for cryptocurrencies.
Assessing the impact of USDT supply on TON hitting $729M in 4 months
According to Cryptoquant’s analysis, the total supply of USDT on TON soared to a record high of $729 million over the last 4 months. USDT integration into TON started on 18 April 2024, with the months …
Tether Is A Bigger Scam Than FTX, Says Cyber Capital Founder
Cyber Capital founder Justin Bons accused Tether of being a massive scam, warning of its lack of transparency and potential market collapse.
UK High Court classifies Tether USDT as ‘property’ in landmark ruling
A recent ruling by a British High Court has designated stablecoin Tether (USDT) as property. This is a historic first under English law for cryptocurrency classification following a comprehensive …
Tether onboards head of government affairs from PayPal
Stablecoin issuer Tether announced that Jesse Spiro will join the firm as its head of government affairs after three years at PayPal. In a Sept. 13 notice, Tether said Spiro would be responsible for …
Tether taps Jesse Spyro as head of government affairs
Tether brought Jesse Spyro onboard as its head of government affairs. The issuer of USDT fights for its reputation, while facing limitations in the Euro Area and accusations of uses to breach Iranian, …
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading USDT stablecoin has long been under a cloud of reported U.S.
Tether Hires PayPal Veteran Jesse Spiro As Regulatory Scrutiny Continues
Stablecoin issuer Tether USDT/USD Friday announced that it has appointed Jesse Spiro as its new Head of Government Affairs. What Happened: This move comes as the company continues to face regulatory …
News Explorer — Tether a Potential ‘Disaster’ for Consumers, Watchdog Group Alleges
Tether a Potential ‘Disaster’ for Consumers, Watchdog Group Alleges. Tether, the issuer of the USDT stablecoin, is facing criticism from consumer protection group Consumers’ Resea …
English High Court Rules Tether’s USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Consumers’ Research slams Tether for lack of transparency on dollar reserves
Tether is getting slammed again, by the same American consumer watchdog. This time, Consumers’ Research is tearing into the company for its lack of transparency regarding the dollar reserves backing …
Tether, Tron, and TRM Labs Unite to Combat Financial Crime: Introducing the T3 Financial Crime Unit
Tether, Tron, and TRM Labs have teamed up to create the T3 Financial Crime Unit, aiming to address illicit activities involving USDT on the Tron blockchain and enhance overall crypto security.
UK court rules Tether is property in first English law post-trial crypto ruling
A United Kingdom High Court has ruled that stablecoin Tether is property — the first-ever ruling under English law on the treatment and status of cryptocurrency after a full trial. The legal status of …
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
The offer was simple: invest in USDT (“U” coins) and watch the money grow. Wang installed an app and initially invested 8,000 yuan (about $1,125), then increased his investment after seeing minor …
Consumer protection watchdog warns about Tether’s reserves
Consumers’ Research, a consumer protection group, published a Sept. 12 report warning about stablecoin issuer Tether. It called the company out for a lack of transparency surrounding its US dollar …
Tether, TRON, and TRM Labs Launch Groundbreaking Financial Crime Unit to Tackle Crypto-Related Crimes
Tether, TRON, and TRM Labs announced a joint initiative aimed at combating illicit activities within the crypto ecosystem. The newly established T3 Financial Crime Unit (T3 FCU) marks the first …
Tether Becomes a Financial Powerhouse in Legitimate and Shadowy Markets
Tether (USDT-USD), a cryptocurrency pegged to the U.S. dollar, has quietly but rapidly become a powerhouse in the global financial ecosystem. It’s …
TRON, Tether, and TRM Labs unite to launch T3 Financial Crime Unit
TRON, Tether, and TRM Labs form the T3 Financial Crime Unit to fight crypto crime, freezing over $12 million in USDT linked to illicit funds.