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Though the fraudulent entity uses USDT for the public to invest in, it is not affiliated with the firm behind USDT.
The post Not USDT: SEC Warns Public vs Tether Pay Limited for 210% Promised Profit appeared first on BitPinas.
The presiding judge ordered Tether to provide evidence of the USDT backing of its reserves at the time. The company is required to provide financial documents to the court. (Read More)
Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward.
Reginald Fowler, a former NFL team owner, has been sentenced to six years of prison for operating as a “shadow bank” to the crypto sector, which involved over $700 million in unregulated transactions over a 10-month timespan in 2018. The 63-year-old, who was a co-owner of the Minnesota Vikings, was sentenced to a total of [...]
The post Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’ appeared first on Crypto Breaking News.
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with the matter has verified to The Block that said address does indeed belong to Tether. Research Analyst and Unknown Source Link $1.6 Billion [...]
The post Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether appeared first on Crypto Breaking News.
Another prominent exchange listing for FLOKI is officially announced. Bitfinex, crypto exchange with the fifth largest trading volume, will list
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