FTX and Alameda Research face lawsuit alleging USDT scheme. Deltec Bank accused of aiding fund misappropriation. Founder Sam Bankman-Fried convicted of fraud. Legal disputes with Binance, SEC, and CFTC continue. Industry awaits regulatory clarity amidst ongoing legal battles.
Huang BoJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianTether invests in the Academy of Digital Industries, Georgia, enriching education with blockchain and digital technology expertise.
EdmundArdiono replaces former CEO Jean-Louis van der Velde, who will transition into an advisory role at Tether.
AlexPaolo Ardoino, the CTO at Tether, has found himself drawn into the fray of addressing a web of speculations that have been swirling around images of sizeable industrial containers circulating online. It started from a photograph he had unveiled on 24 August. While his intention was to offer insight, he took a steadfast stance on withholding precise location details — a decision born out of paramount security considerations.
KikyoThe American multinational fast food chain McDonald's has started accepting payments in Bitcoin and Tether in Switzerland's city of Lugana.
BitcoinistWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphThrough a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
CointelegraphTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
CointelegraphPaolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Cointelegraph