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Tether and Bitfinex will aggressively litigate and dispense with newly filed meritless case

Last Friday another nonsense, copycat lawsuit was filed by two Plaintiffs and their law firm looking for a hefty payout based on entirely meritless claims. Their efforts will fail miserably. Shameless money grabs, for which this lawsuit is a textbook example, will never be dignified by way of paying one Satoshi in a settlement. Bitfinex and Tether will aggressively litigate and dispense with the action in due course, and then pursue their remedies against the filing parties.

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Tether Supports Freeze of More Than $344 Million in USD₮ in Coordination with OFAC and U.S. Law Enforcement

23 April 2026 – Tether announced today that it has supported the U.S. Government in freezing $344 million USD₮ across two addresses. The freeze was executed after the addresses were identified, preventing further movement of funds. The freeze follows information shared with Tether by several U.S. authorities about activity tied to unlawful conduct. When wallets […]

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Tether Leads Support to the $150M Drift Recovery Plan, Stabilizes Relaunch as Drift Plans to Expand USD₮ Usage on Solana

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

15 April 2026 – Tether Investments has announced that it has participated in a $134 million financing round for Stablecoin Development Corporation (NYSE American: SDEV), a publicly traded company focused on providing public market access to the stablecoin economy and advancing digital asset infrastructure. The round included participation from R01 Fund LP, Framework Ventures, and other […]

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