Bitcoin24h $89,098.35-0.87%

Ethereum24h $2,930.36-2.01%

BNB24h $887.99-0.55%

XRP24h $1.91-1.98%

Solana24h $127.37-1.93%

TRON24h $0.3081+2.95%

Dogecoin24h $0.1251-0.65%

Cardano24h $0.3600-1.03%

Bitcoin Cash24h $594.31-0.54%

Monero24h $513.59+0.64%

‘Someone’ is taking advantage of HTX’s reserves

Justin Sun-owned HTX’s reserves are troubling, with most stablecoins being lent out and most of the BTC in an opaque tokenized variant.

The family affairs shaping Tether’s $180B empire

Tether, the world’s largest stablecoin, has family members in top leadership positions and in partner firms.

Tether isn’t just the world’s largest stablecoin; it’s a massive investment firm with investments across countless verticals.

Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned.

USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings.