Category: Tether
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Celsius demands billions of dollars from Tether: What’s going on
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Bankrupt lending platform Celsius has filed a lawsuit against Tether, demanding 39,542 BTC. according to LawsuitThe amount was collateral for a loan from the issuer of the Tether (USDT) stablecoin. Tether requested more collateral after the price of Bitcoin (BTC) fell in early 2022. Celsius agreed to Tether’s request, but…
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Celsius Sues Tether, Demanding $2.4 Billion Over BTC Liquidation!
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Image source altcoindaily The cryptocurrency industry has seen its fair share of legal battles, and the most recent high-profile dispute in the cryptocurrency industry involved struggling companies. Centennial In a surprising turn of events, Celsius has filed a lawsuit against Tether in U.S. bankruptcy court, accusing it of misappropriating its…
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Celsius Drags Tether To Court In $3.5 Billion Legal Showdown
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Celsius, a cryptocurrency lender, has filed a lawsuit against Tether, accusing it of misappropriating assets. The move comes amid the cryptocurrency company, which filed for bankruptcy in 2022,’s latest attempt to recover billions of dollars in funds for creditors. Why is Celsius asking for over $3.5 billion from Tether? Bankrupt…
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USDT Soars To $115 Billion Market Cap As Tether Sets New Record
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Tether’s USDT has crossed another important milestone in Market capitalization The value of the stablecoin has surpassed $115 billion. This achievement is evidence of the fact that stablecoins have tremendous market appeal, especially during periods of high volatility when users rush to safer crypto assets. USDT has become an indispensable…
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USDT Soars To $115 Billion Market Cap As Tether Sets New Record
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Tether’s USDT has crossed another important milestone in Market capitalization The value of the stablecoin has surpassed $115 billion. This achievement is evidence of the fact that stablecoins have tremendous market appeal, especially during periods of high volatility when users rush to safer crypto assets. USDT has become an indispensable…
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USDT Issuer Tether Reports Record Profits Of $5.2 Billion, Why This Is Good For Bitcoin
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The largest issuer of stablecoins, TetherThe company recently announced record net profit for the first half of this year. This is undoubtedly a positive thing for the company. Bitcoinconsidering the company’s commitment to pooling the leading cryptocurrency with some of those profits. Tether posts $5.2 billion net profit Tether was…
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Tether mints $1b on Tron with no fees
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Tether issues $1 billion in new USDT tokens on Tron blockchain as stablecoin’s total market cap grows Payments giant Tether released its latest Tron USDT supply on July 24, as reported by Arkham. paid There is nothing in the transaction fees, and such a move is usually seen as bullish.…
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Tether mints $1b on Tron with no fees
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Tether issues $1 billion in new USDT tokens on Tron blockchain as stablecoin’s total market cap grows Payments giant Tether released its latest Tron USDT supply on July 24, as reported by Arkham. paid There is nothing in the transaction fees, and such a move is usually seen as bullish.…
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Tether is used by criminals way more than you think
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Reports have repeatedly suggested that billions of dollars worth of Tether have been laundered after pig slaughters and sextortion — a problem that is getting worse, not better. A new in-depth report has revealed how the USDT stablecoin is being widely used as a payment method in a criminal market,…
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Tether is used by criminals way more than you think
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Reports have repeatedly suggested that billions of dollars worth of Tether have been laundered after pig slaughters and sextortion — a problem that is getting worse, not better. A new in-depth report has revealed how the USDT stablecoin is being widely used as a payment method in a criminal market,…
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Tether freezes $28m in USDT linked to Cambodian fraud
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Tether has reportedly frozen a Tron (TRX) wallet containing over 28 million USDT tokens suspected of being proceeds from criminal activities, including money laundering and fraud. A dedicated real-time monitoring account for Tron and Ethereum (ETH) stablecoins, USDT/USDC Blacklist, reported on July 13 that an address, identified as TNVaKW, had…
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Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
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Even with several high-profile crashes and decoupling events in recent years, stablecoins have continued to take market share from fiat currencies, reflecting increasingly strong demand. Although the stablecoin market remains highly concentrated, with Tether’s USDT leading the way, its dominance has been eroding over the past two years. In fact,…
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Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?
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Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…
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Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?
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Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…
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Tether CEO Declares Bitcoin As The Sole Decentralized Cryptocurrency
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Credit: Currency Sheet In the rapidly evolving world of cryptocurrencies, a profound statement has emerged from the CEO of… pregnancy, the company behind the largest stablecoin, USDT. Paolo Ardoino, in a recent interview at the BTC Prague 2024 conference, declared that Bitcoin stands alone as the only truly decentralized cryptocurrency…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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Tether To Invest Over $1 Billion In Emerging Technologies And Disruptive Fintech
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The cryptocurrency industry has witnessed a remarkable transformation in recent years, with prominent players emerging from it pregnancy At the forefront of this development. As the issuer of the tether usdt stablecoin and the dominant force in the cryptocurrency scene, Tether is poised to make a significant impact with its…
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Stablecoin Giant USDT (Tether) Solidifies Foothold In Bitcoin Mining With 25% Stake In Bitdeer
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In an exciting development, the issuer of the stablecoin USDT, pregnancy, made a strategic investment by acquiring a significant 25% stake in prominent Bitcoin mining company, Bitdeer. The move, as confirmed by a recent SEC filing, places Tether as Bitdeer’s second-largest shareholder, after Victory Courage Ltd., a company linked to…
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Tether Throws Hat in Ring with $100 Million Bitdeer Investment
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Stablecoin issuer Tether Holdings has acquired a significant stake in Bitdeer Technologies Group, a US-listed bitcoin mining company owned by Chinese billionaire Jihan Wu. This acquisition includes an investment of US$100 million, with an option to purchase additional shares worth US$50 million over the next year. Investment facilitates the expansion…