- Tether respondents finds that there were misrepresentations regarding the assets backing tether, specifically that the USDt tokens were backed 1-to-1 by US dollars. The evidence establishes that this assurance provided to tether customers was not 100% true -Official CFTC Statement https://www.cftc.gov/pressroom/speechestestimony/stumpstatement101521 13 comments cryptocurrency
Linking pages
- Tether will pay $41 million over ‘misleading’ claims it was fully backed by US dollars - The Verge https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc 14 comments
- What Binance's US lawsuit says about the future for cryptocurrency regulation https://theconversation.com/what-binances-us-lawsuit-says-about-the-future-for-cryptocurrency-regulation-202930 4 comments
- How Sam Bankman-Fried became crypto's curliest billionaire in 4 years https://protos.com/bankman-fried-curliest-crypto-billionaire-etfs-bitcoin-japan/ 3 comments
Related searches:
Search whole site: site:www.cftc.gov
Search title: Concurring Statement by Commissioner Dawn D. Stump Regarding Tether and Bitfinex Settlement | CFTC
See how to search.