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Tether-owned Northern Data accused of fraud by former execs

Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.

Tether’s new asset currently backed by 0kg of gold

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.

Several versions of Tether tied to assets like the Euro, Offshore Yuan, and the Mexican Peso, look to have been completely sidelined.

A US court is demanding the forfeiture of $200K worth of USDT held on Binance in connection with pig-butchering scams that stole over $1M.

Tether CEO Paolo Ardoino claimed to have received two separate reports that a prominent mailing list vendor had been compromised.