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.
April 25, 2025: Tether Investments, S.A. de C.V. (“Tether”), a member of the Tether Group which includes the issuer of USDT, the world’s largest stablecoin, announced today the results of its tender offer to acquire up to 49,596,510 common shares, nominal value $1.50 per share (“Common Shares”), of Adecoagro S.A. (NYSE: AGRO) (“Adecoagro”) at a […]
April 24, 2025 — Tether Investments, S.A. de C.V., a member of the Tether Group (which includes Tether International, S.A. de C.V., the issuer of USD₮, the world’s largest stablecoin with over 400 million users globally), today announced that on April 15, 2025 it acquired additional shares in Juventus Football Club S.p.A., bringing its total […]
15 April 2025 — Tether, the largest company in the digital asset industry, has made a strategic investment in Fizen Limited, a fintech company specializing in self-custody crypto wallets and digital payments. This investment underscores Tether’s commitment to supporting innovative solutions that enhance financial accessibility and security in the digital asset ecosystem. Fizen offers advanced […]
