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Prime Trust halts withdrawals and deposits as acquisition fails

Prime Trust has closed deposits and withdrawals after receiving a cease and desist from Nevada as BitGo pulls out of its acquisition.

Tether bought commercial paper from subsidiary of alleged terrorist-linked bank

Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.

The real-time attestations for TrueUSD have again been paused, citing issues with balances preventing the attestation from being generated.

Protos has been told that several European countries have been spurred into action after Binance was indicted by the SEC earlier this month.

Documents obtained by CoinDesk and Bloomberg shed additional light on Tether reserves, showing the issuers of its commercial paper.