Bitcoin24h $59,337.07-1.36%

Ethereum24h $1,565.57-0.53%

BNB24h $550.48-1.18%

XRP24h $1.04-0.71%

Solana24h $71.16+0.60%

TRON24h $0.3216-0.01%

Hyperliquid24h $61.39-0.61%

Dogecoin24h $0.0727-2.40%

UNUS SED LEO24h $9.40-0.13%

Zcash24h $372.29-6.55%

Examining Cumberland, Tether’s biggest client left standing

Cumberland is the largest Tether client to not declare bankruptcy, and is an important market-maker, OTC desk, and venture firm.

What did Alameda Research do with $40B in USDT?

Caroline Ellison testified about Alameda Research sending customer funds back to FTX as stablecoins, but it raises questions about Tether.

Bombshell testimony from co-founder Gary Wang in court yesterday, who says Alameda used customer funds only months after inception.

The liquidation of Farmington State could see FTX and Alameda creditors get back some money from the $11.5 million 2022 investment.

BALD token’s deployer is accused of rug pulling users, and some say that it may have roots to Sam Bankman-Fried… from the chin down.