Hong Kong architect loses millions trading Tether, crypto on scam site
The Hong Kong-based architect made 65 transactions on a fake crypto website that showed inflated and manipulated Tether prices.
Bitcoin24h
$115,041.11+1.01%
Ethereum24h
$3,719.99+2.79%
XRP24h
$3.00+2.49%
BNB24h
$766.56+0.96%
Solana24h
$169.52+3.99%
TRON24h
$0.3395+1.88%
Dogecoin24h
$0.2060+3.39%
Cardano24h
$0.7426+2.78%
Hyperliquid24h
$38.03+1.60%
Stellar24h
$0.4017+2.95%
Tether no longer has to submit attestations. Will anybody miss them?
Tether is no longer required to submit attestations but does this mean that all transparency around the leading stablecoin will be lost?
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.
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%.
Tether’s shareholder capital cushion is full of contradictions
Tether’s most recent attestation suggests a large increase in “Shareholder Capital Cushion” that was not shown on its transparency page.
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