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.
20 May 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced that it has acquired SoftBank’s stake in XXI. At the closing of the transaction, SoftBank’s representatives on the XXI Board of Directors (the “Board”) stepped down in accordance with XXI’s shareholder agreement. This transaction […]
18 May 2026 – Tether, the largest company in the digital asset industry and issuer of USD₮, the world’s most widely used stablecoin, has announced an investment in LemFi, a financial platform serving millions of people who live and work across borders. This investment aims to promote financial inclusion and expand access to efficient, borderless […]
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 […]
