Turns out this tiny Bahamas bank is holding some of Tether’s reserves
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.
Recipients of revamped Luna tanked the token just hours after launch as they scrambled to recoup losses caused by the original’s devastating crash.
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Tether CTO Paolo Ardoino says existing regulations mean the company does not need to release full disclosure of its assets.