— Gold, Stablecoins
Tether’s new asset currently backed by 0kg of gold
Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.
Results for Crypto, Tether
159 stories, newest first
Tether teases new assets as old ones are forgotten
Several versions of Tether tied to assets like the Euro, Offshore Yuan, and the Mexican Peso, look to have been completely sidelined.
US gov’t chasing USDT held on Binance after $1M pig-butchering scam
A US court is demanding the forfeiture of $200K worth of USDT held on Binance in connection with pig-butchering scams that stole over $1M.
Beware of airdrops: Tether CEO warns of mailing list breach
Tether CEO Paolo Ardoino claimed to have received two separate reports that a prominent mailing list vendor had been compromised.
How a money launderer allegedly used Deltec, Binance, and Tether
Daren Li was indicted for conspiracy to commit money laundering and a review reveals his counterparties, including Binance, FTX, and Kraken.
Is Tether becoming Bitcoin’s most influential miner?
Tether claims to generate tens of billions of dollars in annualized profit and is deploying hundreds of millions into bitcoin miners.
Russian companies using USDT to evade UK and US sanctions, report
Two major Russian metal companies are reportedly using USDT to settle some cross-border transactions with Chinese clients.
Another Chinese money laundering scheme tied to Deltec and Tether
Daren Li and Yicheng Zhang moved cash from so-called pig-butchering scams to Deltec Bank and Trust. It was then converted to tether.
— Brad Garlinghouse, Paolo Ardoino
Paolo Ardoino flexes ‘top-tier custodians’ in Tether v. Ripple stablecoin beef
Ripple CEO Brad Garlinghouse mentioned that he believes the US government is targeting Tether, earning a lengthy response from Paolo Ardoino.
Cartier jewelry heir arrested for laundering drug money with USDT
Police in Miami arrested Maximilien de Hoop Cartier, heir to the Cartier jewelry fortune, for allegedly working with a Colombian drug cartel.