Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

Assurance Report Says Tether Stablecoins Are Fully Backed — Exceeded Its Consolidated LiabilitiesThe company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]

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Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump

Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto PumpOn April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June 4, the plaintiffs and the litigation firm, Roche Cyrulnik Freedman added […]

The post Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump appeared first on Bitcoin News.

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