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Christian Angermayer helped Wirecard, now he helps Tether

Christian Angermayer, a German billionaire who previously connected SoftBank to Wirecard, is now connecting Tether to investments.

Why are Tether and Cantor Fitzgerald lending near identical amounts?

Tether and Cantor Fitzgerald have both grown their collateralized lending businesses by approximately $2 billion over the last few months.

Despite Tether’s gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.

Tether has grown its role in the crypto ecosystem, funding projects across different verticals while receiving fewer audits than FTX.

Hong Kong police arrested three individuals accused of stealing HK$3.11 million (~$400,000) worth of Tether using fake banknotes.