The order that was issued yesterday in the case captioned In Re Tether and Bitfinex Crypto Asset Litigation, is a routine discovery order and does not in any way substantiate plaintiffs’ meritless claims.
We had already agreed to produce documents sufficient to establish the reserves backing USDT, and this dispute merely concerned the scope of documents to be produced. As always, we look forward to dispensing with plaintiffs’ baseless lawsuit in due course.
14 May 2026 – The T3 Financial Crime Unit (T3 FCU), a joint initiative by Tether, TRON, and TRM Labs, announced today that it has frozen over USD 450 million in illicit assets globally, strengthening regulatory collaboration to target cryptocurrency-related financial crimes. This year, T3 FCU has successfully supported investigations into crimes involving banned or […]
11 May, 2026 – Tether, the largest company in the digital asset ecosystem, announced today that it is launching a grants program to fund developers building on its open technology stack, with no cap on total payouts, tied to specific technical deliverables. The grants program is now open, and developers can apply to active tasks. […]
7 May 2026 – Tether’s AI Research Group today launched QVAC MedPsy, a new class of medical language models designed to run directly on smartphones, wearables, and other devices with limited processing power, delivering performance that rivals and, in some cases, surpasses significantly larger models while remaining local and private. Instead of scaling performance through […]
