Tether

The NYAG found that Tether and Bitfinex misrepresented the assets backing USDT and obscured the loss of $850 million in user funds.

A misguided article has been spreading misinformation about Bitcoin and tether recently. Here’s what it got wrong.

Binance launched a P2P platform that circumvents the cryptocurrency exchange ban in China. Traders can connect directly through WeChat and Alipay.

The suit claims that Bitfinex and Tether umbrella company iFinex engaged in market manipulation, among other accusations.

Blockstream’s sidechain now supports the stablecoin tether as one of its Liquid assets.

The CFTC investigation into BitMEX is the latest in a wider trend of U.S. regulators ramping up scrutiny of cryptocurrency companies.

The New York Attorney General’s Office may have new legal grounds in its pursuit of Tether and Bitfinex.

This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz, Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U.S. dollar. Also, the hosts interview Jeffery Tucker, editorial director of the American Institute of Economic Research, about how the U.S./China trade conflict might be affecting the bitcoin price.

According to court documents revealed in the proceedings between Tether, Bitfinex and the New York's Attorney General, Tether has used some of the cash reserves meant to back its stablecoin to purchase bitcoin.

The New York Supreme Court has modified an injunction, now allowing Bitfinex to continue using Tether reserves that were loaned to it to maintain its ordinary course of business. But how did we get here?