CoinDesk Obtains Tether’s FOIL Documents Revealing After USDT Lost Its Peg
CoinDesk received Tether documents on June 15 after a court dispute, hours after USDT lost its peg. CoinDesk stands by reporting integrity.
Tether
CoinDesk received Tether documents on June 15 after a court dispute, hours after USDT lost its peg. CoinDesk stands by reporting integrity.
The NYAG released documents containing information about Tether and provided a list of terminated accounts.
Stablecoin issuer Tether did back its stablecoin with Chinese securities for a period of time, despite refusing to admit so at the time.
The biggest exchange on the cryptocurrency market, Binance, has announced a substantial swap operation with the Tether team, involving a direct exchange of 1.25 billion USDT-TRX for USDT-ETH. This move,…
Tether discloses its quarterly reports and reserve data, as USDT imbalance in Curve’s 3pool causes depeg concerns.
Tether witnessed a slight depegging from its 1:1 ratio with USD amid whales dumping the stablecoin. However, Tether’s CTO stood strong in the face of the selling pressure.
CoinDesk reported an attack on USDT via DeFi and CEX on the same day the documents were released. Tether has requested that CoinDesk not disclose any information about their past…
Tether says the NYAG handed over documents to CoinDesk from its 2021 settlement, including bank statements.
Over the past few hours, Tether’s USDT has been destabilizing and has lost its $1 peg. The community cites heavy selling pressure.
Whales have been selling off significant amounts of Tether (USDT), the largest stablecoin in the cryptocurrency market, leading to a surge in its dominance within the Curve 3pool liquidity pool.…