Tether invests in energy production in Uruguay to mine bitcoin
Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
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Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
As of March, Tether's $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.
SUEX is the first ever crypto exchange considered entirely illegal by the US Treasury, which sanctioned it for processing ransomware funds.