Gambling with Tether: Ultimate Bet, USDT perps, Tron bets, and the $1 peg

Tether has always had a close relationship with online gambling: Ultimate Bet poker, USDT-denominated perps, and USDT-on-Tron gaming.
Tether has always had a close relationship with online gambling: Ultimate Bet poker, USDT-denominated perps, and USDT-on-Tron gaming.
Brexit Party’s main bankroller Christopher Harborne reportedly helped Tether and Bitfinex secretly funnel huge sums through US bank Signature.
A WSJ report shares how Tether allegedly falsified records and used people close to the firm in order to maintain access to banks.
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
Tether’s most recent attestation suggests a large increase in “Shareholder Capital Cushion” that was not shown on its transparency page.