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.
23 April 2026 – Tether announced today that it has supported the U.S. Government in freezing $344 million USD₮ across two addresses. The freeze was executed after the addresses were identified, preventing further movement of funds. The freeze follows information shared with Tether by several U.S. authorities about activity tied to unlawful conduct. When wallets […]
16 April 2026 – Tether, the largest company in the digital asset ecosystem, announced today a strategic collaboration with Drift Protocol and partners to support user recovery and relaunch the Drift platform following its April 1 exploit, which resulted in approximately $285 million in user losses. The collaboration establishes a structured recovery plan backed by […]
15 April 2026 – Tether Investments has announced that it has participated in a $134 million financing round for Stablecoin Development Corporation (NYSE American: SDEV), a publicly traded company focused on providing public market access to the stablecoin economy and advancing digital asset infrastructure. The round included participation from R01 Fund LP, Framework Ventures, and other […]
