Ex Huobi manager accused of insider trading, netting millions in Tether

Chen Boliang is accused of accessing Huobi’s systems to fraudulently create a $20 million credit line with an account set up in his father’s name.
Chen Boliang is accused of accessing Huobi’s systems to fraudulently create a $20 million credit line with an account set up in his father’s name.
The price of USDT recently de-pegged from the US dollar following Luna’s collapse. Here’s all the other major times Tether’s peg broke.
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Tether CTO Paolo Ardoino says existing regulations mean the company does not need to release full disclosure of its assets.