DOJ Investigating Whether Tether Used to Manipulate Bitcoin Prices in 2017
Nov24

DOJ Investigating Whether Tether Used to Manipulate Bitcoin Prices in 2017

Earlier this year, there were reports that the U.S. Department of Justice had launched a criminal probe into the cryptocurrency industry, focusing on spoofing, wash trading, and other illegal practices. This week, Bloomberg reported that the DOJ is now examining whether Tether trading played a role in illegally manipulating prices for the world’s most well-known digital currency:

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Tether Claims $1.8B Banking Relationship with Deltec Bank & Trust Ltd
Nov01

Tether Claims $1.8B Banking Relationship with Deltec Bank & Trust Ltd

Tether Ltd, the company responsible for issuing dollar-backed USDT tokens, confirmed on Thursday via the Tether blog that it had established a $1.8 Billion banking relationship with Bahamas-based Deltec Bank & Trust Ltd.

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