Bitcoin24h $70,360.20+4.90%

Ethereum24h $2,050.92+4.14%

BNB24h $645.43+4.07%

XRP24h $1.38+3.45%

Solana24h $86.61+4.76%

TRON24h $0.2862-0.67%

Dogecoin24h $0.0920+2.67%

Cardano24h $0.2601+2.72%

Bitcoin Cash24h $445.97+0.03%

Hyperliquid24h $34.34+12.55%

Pakistan police officer remanded over USDT theft and kidnapping

A crypto trader has claimed that Pakistan authorities kidnapped him and forced him to give up $340,000 worth of crypto.

HTX receives $500M USDT infusion then sends it away

The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.

Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.

Although bitcoin stole the show amid Donald Trump’s election, the unchanged price of USDT hid its own, equally significant victory.

A timeline of Tether’s run-ins with US courts and law enforcement traces back over a decade, but its market cap has steadily grown.