Tether

https://www.shutterstock.com/image-photo/symbol-law-justice-concept-140867215?src=QO6RF5DN3Rp8eLuMmUKB9A-1-10Bitfinex

Suit Alleging Tether and Bitfinex Manipulated Bitcoin Market Has Been Revised

Paddy BakerJan 10, 2020

A class-action that alleged Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs.

Tether

Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain

William FoxleyJan 8, 2020

Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.

https://www.shutterstock.com/image-illustration/golden-tether-coin-3d-illustration-symbol-1198018636?src=EomfIJ-fUOjTQyh17thiig-1-85Bitfinex

Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Danny NelsonJan 17, 2020

Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.

Prices

CORRECTED: Bitcoin Price Jumps $200 in One Hour

Sebastian SinclairJan 7, 2020

Bitcoin's price jumped $200 in an hour and a half on Monday, rising to a 30-day high of $7,800.

Court Cases

New York Attorney General Calls Bitfinex’s Legal Stance ‘Deeply Perverse’ in New Filing

Daniel PalmerNikhilesh DeDec 13, 2019

In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.

Podcasts

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race

Adam B. LevineBradley KeounSebastian Sinclair

On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.

Lawsuits

Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market

Daniel Palmer

Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless."

Tether

Tether to File Motion to Dismiss Class Action Lawsuit Based on NYAG Claims

Nathan DiCamillo

The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.

Bitfinex

Tether Says Its Stablecoin Is ‘Fully Backed’ Again

Nikhilesh De

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.

Exchanges

OKEx Launches Crypto Futures Settled in Tether Stablecoin

William Foxley

The crypto exchange will soon offer futures contract trading for a number of crypto pairs including BTC, ETH, BCH and XRP.

Exchanges

Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

William Foxley

Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.

Exchanges

Bitfinex Doesn’t Have to Compile Documents During Appeal, Judge Says

Nikhilesh De

A New York judge has rejected the state attorney general's request to have Bitfinex and Tether compile documents during an ongoing appeal.

Exchanges

Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion

Nikhilesh De

Bitfinex and sister company Tether caused more than $1 trillion in damages to the crypto market, a new lawsuit claims.

Bitfinex

NYAG to Court: Don’t Let Bitfinex Keep Stonewalling Our Investigation

Nikhilesh De

Bitfinex may be enjoying a break from having to give documents to investigators, but it should be preparing for when the reprieve ends, the NYAG said.

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