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Statement in response to Justice Joel M. Cohen’s order

We appreciate Justice Cohen’s consideration of our motion in late July and his order released yesterday. While we are disappointed in the decision on our motion to dismiss, we will continue to vigorously defend against any action by the New York Attorney General’s office. We look forward to the opportunity to pursue these issues further in the appellate court.

Any assertion that we have misled our customers about Tether (USDt), its backing, or about the negotiated transaction between Bitfinex and Tether is false. We remain committed, as ever, to protecting our customers, our business, and our community against the Attorney General’s meritless claims.

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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 […]

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Tether Backs $134 Million Raise as Stablecoin Infrastructure Expands into Mainstream Use Cases

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Tether Launches tether.wallet, the People’s Wallet, Extending its Global Financial Infrastructure Directly to Billions of Users Left Behind by the Traditional Financial System

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