Author Topic: Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions (Read 765 times)

Paglamon · « **on:** February 28, 2021, 03:04:24 PM »

Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out.

A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral.
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Altcoins Talks - Cryptocurrency Forum · « **on:** February 28, 2021, 03:04:24 PM »

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Malam90 · « **Reply #1 on:** March 01, 2021, 04:22:03 PM »

Same topic already posted, so later topic has been locked to avoid multi topic discussion for same matter.

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Author Topic: Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions (Read 765 times)

Paglamon

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

Altcoins Talks - Cryptocurrency Forum

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

Malam90

Re: Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions