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.
Tether acquires a 30.4% stake in Be Water to support technological innovation in content creation and distribution 27 March, 2025 – Tether, the largest company in the digital asset ecosystem, has announced a strategic investment in Be Water, an innovative media company specializing in the production and distribution of audio, video, film, and live content. […]
26 March, 2025 – T3 Financial Crime Unit (T3 FCU), the pioneering collaboration between Tether, TRON and TRM Labs, today announced the successful freezing of $9 million connected to the recent Bybit hack, the largest cryptocurrency theft in history. “T3 FCU is reshaping how the industry responds to illicit activity—enabling cross-border collaboration with a level […]
10 March, 2025 – Tether, the largest company in the digital assets industry, has announced that Thailand’s Securities and Exchange Commission has granted acceptance of USD₮ as an approved cryptocurrency. This approval enables USD₮ to be traded within the country, including facilitating its listing on regulated exchanges, which advances the region’s leadership in digital asset […]
