Britannia buys operations of fellow Tether bank Deltec
Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas.
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Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas.
— Bitcoin mining, Swan Bitcoin
A lawsuit filed by Swan Bitcoin against former executives alleges they stole the bitcoin mining operation with help from Tether.
The unnamed Singaporean teenager said he was supposed to hand over $24K in cash in exchange for the seller sending USDT to his wallet.
Maker DAO is incentivizing DAI holders to convert their stablecoins into the new, reward-yielding USDS, which has a remote freeze capability.
Christian Angermayer, a German billionaire who previously connected SoftBank to Wirecard, is now connecting Tether to investments.
Tether and Cantor Fitzgerald have both grown their collateralized lending businesses by approximately $2 billion over the last few months.
— aUSDT, Stablecoins
Despite Tether's gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.
Hong Kong police arrested three individuals accused of stealing HK$3.11 million (~$400,000) worth of Tether using fake banknotes.
Chinese national Sun Yunfeng lied about Tether execs, including Stuart Hoegner and CFO Giancarlo Devasini, working at his firm.
— Bitcoin mining, Northern Data
Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.