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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Funds frozen within 30 minutes of the attack, which the FBI has attributed to North Korea, cutting off a key source of funding for its weapons programme 2 November 2026 – Tether, the largest company in the digital asset industry, froze more than $1.5 billion in USD₮ within 30 minutes of the 29 October Binance […]
Tether International, S.A. de C.V., today published its attestation for the third quarter of 2026, prepared by BDO, a top-five global independent accounting firm. The report covers the Company’s Financial Figures and Reserves Report as of September 30, 2026, including the composition of the reserves backing USD₮. USD₮ issuance held broadly steady at $184 billion […]
Founding stakeholders include Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Payward (Kraken’s partner company), Opera, Pave Bank, Prosper Global (formerly Mercy Corps), Solana Foundation, and Tether. The United Nations Office on Drugs and Crime (UNODC) will also serve as a strategic partner. The first programs aim to cover youth cybercrime prevention, support human trafficking survivors, […]