2024-3-13 21:57 |
Сообщение Tether Collaborates with US Authorities to Recover $1.4M in Stolen Funds from Cryptocurrency Scam появились сначала на Coinstelegram.
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Ever wondered where Tether holds its funds? Blockchain researches found answer
2022-8-7 14:32 | |
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Tether CTO Paolo Ardoino has responded to a June 27 report by The Wall Street Journal that hedge funds have short bets on Tether’s stablecoin USDT via crypto brokerage Genesis Global Trading.
2022-6-28 22:21 | |
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The positions are worth at least “hundreds of millions” of dollars in notional value, one trader said.
2022-6-27 14:40 | |
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BitFinex seeks subpoenas from U.S courts to depose U.S based banks after its payment processing firm, Crypto Capital, had its funds frozen in 2019. According to the subpoenas sent to Colorado, Arizona, and Georgia, Tether’s sister company, iFinex, looks to the federal courts to intervene in the release of over $800 million in its funds […]
2020-5-3 17:46 | |
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Chinese importers prefer to send funds from Russia back home in USDT %28Tether%29 through OTC traders %96 up to %2430 mln every day%2C to avoid capital controls
2019-7-31 13:29 | |
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Chinese importers prefer to send funds from Russia back home in USDT (Tether) through OTC traders – up to $30 mln every day, to avoid capital controls
2019-7-30 13:29 | |
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Bitfinex was dragged into a controversy with Tether, the largest stablecoin, where the exchange was allegedly covering a loss of $850 million with Tether funds. The situation escalated in the community and Tether ended up dropping down to $0.
2019-7-16 23:00 | |
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Coinspeaker Bitfinex Has Relinquished a $100 Million of its Loan from TetherFollowing the 2016 cyber attack on top cryptocurrency exchange - Bitfinex, that brought about its loss of $700 million Customer funds.
2019-7-3 14:20 | |
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The cryptosphere was a bit shaken a few months ago when news of the Bitfinex and Tether cover up spread like wildfire. It was revealed sometime in April by the New York Attorney General’s office that the exchange firm had experienced an $850 million loss and used funds from Tether to discreetly cover it up. […]
2019-7-2 18:02 | |
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With respect to fortune, Tether, the largest stablecoin in the industry, has witnessed a roller-coaster of a year in 2019. The stablecoin was first dragged into the controversial Bitfinex fiasco, where Bitfinex allegedly covered a $850 million loss with Tether funds, leading to Tether experiencing the biggest fall in valuation ever and dropping to $0.
2019-7-2 22:30 | |
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Although Tether (USDT) and Bitfinex have been affected by different controversies the stablecoin has reached a new record in its market capitalization. The coin market capitalization of Tether has increased by over 100 million in just 70 days.
2019-5-26 17:33 | |
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As the cryptocurrency market continues to evolve and volatility of prices takes center stage, several large transactions have been taking place as well. The Bitfinex-Tether episode concerned most users as the two were at the center of these suspicious transfers.
2019-5-24 17:30 | |
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Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive.
2019-5-24 15:34 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board.
2019-5-21 20:48 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Coinspeaker NY Supreme Court Forbids Tether to Do Any Transfers to BitfinexThe New York Supreme Court has ordered Tether to stop loaning funds to its associated exchange Bitfinex. The orders also include Tether not, distributing any funds to executives, employees or others except regular business-related purposes.
2019-5-17 11:43 | |
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The New York Supreme Court has ordered Tether to stop loaning funds to its associated exchange Bitfinex. Judge Joel… The post NY Supreme Court Asks Tether To Freeze Transfers To Bitfinex appeared first on Invest In Blockchain.
2019-5-17 10:20 | |
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Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CoinDesk Судья Верховного суда Нью-Йорка приказал эмитенту монеты Tether воздержаться от предоставления каких-либо средств bitfinex или другим сторонам во время текущего расследования – @nikhileshde LATEST: A New York Supreme Court judge ordered stablecoin issuer @Tether_to to refrain from loaning any funds […]
2019-5-17 09:20 | |
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A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General.
2019-5-17 02:33 | |
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Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.
2019-5-16 18:51 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Blockstream's Liquid Network has expanded to include 14 new members. With these additions, Liquid’s client base now boasts 35 institutions. The company also announced that Liquid is now available on Bitfinex and RenrenBit, a crypto finance app.
2019-5-8 18:47 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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“Stablecoins” emerged as in 2014 in the form of Tether [USDT], a token launched on the Bitcoin blockchain backed by alleged reserves of US dollars. USDT “peg” tokens to fiat dollars. The concept was simple: Tether Limited would safeguard funds spent to buy USDT.
2019-5-8 13:00 | |
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Bitfinex is in a bit of a spot here, having been flagged by New York’s highest legal official for some (allegedly) pretty dodgy financial practices. Readers are probably already familiar with the backstory that involves the crypto exchange trying to be sneaky and hiding humongous losses worth $850M by conflating corporate and client funds.
2019-5-7 19:20 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether cryptocurrency, one might have expected Bitcoin traders to initiate a mad rush for the exit.
2019-5-7 23:00 | |
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The crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the alleged loss of $850 million of co-mingled customer and corporate funds.
2019-5-7 22:15 | |
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By CCN. com: Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make whole those who were burned in the hack that led to the losses is to issue more tokens.
2019-5-6 11:11 | |
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New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds.
2019-5-5 18:49 | |
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In case you’ve been away, there’s been a bit of a hoo-hah regarding Tether over the past week or so. This has now descended into open calls for Binance and other exchanges to delist ‘the original stablecoin’.
2019-5-4 16:00 | |
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The Bitfinex/Tether episode has eroded a lot of the trust of the community in stablecoins. Tether, which used to have its assets backed 1:1 with USD in order to make prices stable, used some of its funds to loan money to Bitfinex, which shares the same owners. The episode was a scandal in the industry. […]
2019-5-3 00:12 | |
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By CCN. com: In the past 24 hours, the bitcoin price has increased by just over 1 percent against the U. S. dollar, extending its year-to-date (YTD) gain to 44. 27 percent and leading the crypto market to recovery.
2019-5-2 12:48 | |
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According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More.
2019-5-2 11:48 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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Social media rumors are suggesting that Bitfinex may attempt to raise funds in USDT.
2019-4-30 13:36 | |
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The New York Attorney General’s recent allegations suggested the involvement of Tether [USDT] and Bitfinex exchange in a conspiracy to hide the exchange’s loss of $850 million. While the ecosystem slowly recovers from the bearish market in the aftermath of the episode, Binance’s Changpeng Zhao informed his community of followers about an impending “large transaction”.
2019-4-30 11:30 | |
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This week, a scandal involving Bitfinex and Tether parent company iFinex being accused by the New York Attorney General’s office of misappropriating funds has shaken up the cryptocurrency market. Bitcoin and other cryptocurrencies have rallied in recent months, however, the latest negative news surrounding the leading stablecoin on the market has been enough to cut.
2019-4-30 03:01 | |
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The price of bitcoin closed effectively unchanged versus last week’s close – after hitting a recent high of $5,640 – as a result of the New York Attorney General Office’s claims that Bitfinex has been covering up an $850 million loss using funds from its sister company Tether.
2019-4-29 19:00 | |
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Since the beginning of April, USDT in circulation added above 800 million coins, coinciding with potential locked funds from Bitfinex.
2019-4-29 10:55 | |
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Both Bitfinex and Tether are in deep trouble due to allegedly misusing funds — learn more about one of the biggest crypto scandals of 2019
2019-4-28 01:14 | |
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Bitfinex and Tether are facing serious allegations. The Office of the New York Attorney General is investigating iFinex, the operator of Bitfinex and Tether Ltd. , and the office alleges that executives have covered up missing funds.
2019-4-28 20:47 | |
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A recent lawsuit by the NYSAG is unveiling a lot of unsettling details about the Bitfinex exchange and the Tether stablecoin. Though there has always been controversy around Tether for its lack of cash liquidity, the bigger allegation at this point is over the missing $851 million that Bitfinex is supposed to have. In an […]
2019-4-27 18:14 | |
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Amy Castor gives a timeline of the events leading up to the accusation by the New York State attorney general's office that the exchange siphoned off Tether coins to cover $850 million worth of lost funds.
2019-4-27 01:37 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Today it was not a good day for virtual currencies. Most of them are registering large losses after the scandal in which Bitfinex and Tether (USDT) are involved. The New York State Attorney General Letitia James explained that Bitfinex mismanaged customer’s funds, something that could have had very negative effects in the crypto market. Can […]
2019-4-27 00:33 | |
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Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-27 23:39 | |
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The New York Attorney General Office in a statement on Thursday alleged that Bitfinex lost $850 million and as a coverup used customer and corporate funds from the USDT stablecoin operator Tether. “The issue is not printing tethers to manipulate bitcoin, but Bitfinex having funds “stolen” and then using Tether's funds,” said economist and crypto […]
2019-4-26 21:04 | |
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