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New Order to Produce Reserves Backing : A Routine Discovery Matter In A Meritless Case

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.

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Tether Recognized for Assisting Brazilian Authorities in Blocking R$32 Million Tied to Major Money Laundering Scheme

18 JULY, 2025 – Tether, the largest company in the digital assets industry, announced today that it has assisted the São Paulo Public Prosecutor’s Office (MPSP) and Brazilian Federal Police to freeze R$32 million tied to a wide-ranging money laundering and cyber fraud operation, codenamed Operation Magna Fraus. Launched on July 15 and 16, Operation […]

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Tether Becomes Gold Sponsor for Cybersecurity Hackathon in Thailand

14 July 2025 —Tether, the largest company in the digital asset industry, is pleased to announce that it will be a gold sponsor at the Cyber Warrior Hackathon 2025 in Thailand. Hosted by King Mongkut’s University of Technology Thonburi (KMUTT) in collaboration with the Cyber Crime Investigation Bureau (CCIB), Thailand’s specialized cybercrime agency, the event […]

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Tether to Wind Down USD₮ Support for Five Legacy Blockchains as Part of Strategic Infrastructure Review

Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand Support to Cease on September 1, 2025 11 July, 2025 — Tether, the largest company in the digital asset ecosystem, today announced an update on its plan to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, […]

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