Tether And Bitfinex Drop Resistance To FOIL Request, Prioritize Transparency | Bitcoinist.com

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In a recent announcement, Tether (USDT) and its sister company Bitfinex have declared their decision to withdraw opposition to a New York Freedom of Information Law (FOIL) request filed by a group of journalists, including Zeke Faux from Bloomberg Businessweek.  The FOIL request relates to Tether and Bitfinex’s agreement with the New York Attorney General […]

Tether Partnership Gone Wrong? Britannia Bank Hit With Lawsuit Over $1B Deposit | Bitcoinist.com

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Tether (USDT), the largest stablecoin issuer in the world, is finding its banking partner, Britannia Financial, at the center of a legal battle. Arbitral International, a British Virgin Islands corporation, is suing Britannia over a $1 billion Tether deposit.  Tether’s Banking Choice Backfires According to a recent Financial Times report and court filings in the […]