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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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Tether Acknowledged by DOJ for Support in $225M Seizure Linked to Pig Butchering Fraud

18 June 2025 – Tether, the largest company in the digital assets industry, today announced that it has been acknowledged by the United States Department of Justice (DOJ) for its assistance in a major enforcement action involving the seizure of approximately $225 million in USDt. The funds were linked to an extensive “pig butchering” fraud […]

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Tether Acquires Strategic Stake in Elemental Altus to Deepen Push Into Gold and Hard Asset-Backed Financial Infrastructure

12 June 2025 – Tether Investments S.A. de C.V. (“Tether Investments”), an affiliate of the Tether Group, has announced the acquisition of a substantial stake in Elemental Altus Royalties Corp. (“Elemental”), a publicly listed gold-focused royalty company based in Canada. The investment marks a significant step in Tether’s broader strategy to integrate long-term, stable assets such […]

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Tether Invests in Shiga Digital to Strengthen Africa’s On-Chain Financial Ecosystem

5 June 2025 — Tether, the largest company in the digital asset industry, today announced a strategic investment in Shiga Digital, a modern platform that offers pan-African access to blockchain-based financial solutions, usable in the real world and easily accessible. Shiga Digital offers virtual accounts, OTC services, treasury management, and foreign exchange (FX) services tailored […]

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