Meet Heka Funds, the Tether whale that never stops giving
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
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.
Sun has an interest in cleaning up Huobi’s reputation after the collapse of the exchange’s $1 HUSD stablecoin.
A Crypto.com spokesperson said that its decision on Tether was made “in accordance with instructions from the Ontario Securities Commission.”
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.