CFTC fines Tether and Bitfinex $42.5 million over USDT backing

CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million

Tether to Pay $41 million Over Claims that Tether Stablecoin was Fully Backed by US Dollars · Bitfitnex to Pay $1.5 Million for Illegal ...

CFTC Fines Tether and Bitfinex $42.5M for 'Untrue or Misleading ...

The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all ...

Crypto firms Tether, Bitfinex to pay $42.5 mln to settle U.S. CFTC ...

Cryptocurrency Tether and crypto exchange Bitfinex will pay $42.5 million to settle civil charges from the U.S. Commodity Futures Trading ...

CFTC Settles With Tether and Bitfinex to Pay $42.5 Million in Fines

Tether, a company behind a digital token of the same name, has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) to ...

Tether Settles with CFTC for $42.5M - Blockworks

The Commodity Futures Trading Commission today issued an order settling charges with Tether saying its stablecoin was only backed by reserves for 6.5 months ...

CFTC fines Tether, Bitfinex $42.5 million for misleading customers

... back its stablecoin, Tether, while also fining ... “Instead of holding all USDT token reserves in U.S. dollars as represented, Tether ...

Tether Settles CFTC Charges for $42.5 Million

The U.S. Commodity Futures Trading Commission (CFTC) has slapped Tether with US$42.5 million in penalties, saying it made “untrue” and “misleading” ...

CFTC Fines Tether and Bitfinex $42.5M for 'Untrue or Misleading ...

... million on allegations that the USDT stablecoin was not fully backed at all times and that Bitfinex violated a previous agency order. The ...

CFTC fines Tether and Bitfinex $42.5 million over misleading ...

The CFTC's announcement said Tether made "untrue or misleading statements and omission of material fact" related to its stablecoin USDT. Tether falsely ...

Tether's Latest Black Eye Is CFTC Fine for Lying About Reserves

Tether will pay $41 million to settle allegations it lied in claiming its digital tokens were fully backed by fiat currencies.

CFTC hits Tether and Bitfinex with fines totalling $42.5m

Separately, the CFTC has fined sister company Bitfinex $1.5 million for ... back USDT tether tokens in circulation for just over a quarter of the ...

CFTC fines Tether and Bitfinex $42.5 million over USDT backing

The CFTC says Tether made "untrue or misleading statements and omission of material fact" related to USDT.

CFTC slaps Tether and Bitfinex with a combined $42.5 million fine

On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and ...

"CFTC Announces $42.5 Million in Fines Against Tether and Bitfinex ...

... million monetary penalty and issued a cease and desist in connection with Tether's misleading claims that it was fully backed by U.S. dollars.

CFTC Fines Tether and Bitfinex $42.5M for 'Untrue or Misleading ...

... million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. “The Hash” hosts ...

CFTC Fines Tether and Bitfinex $42.5M for 'Untrue or Misleading ...

The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at ...

The CFTC settlement with Tether and Bitfinex: $42.5 million in fines

Tether findings · What was in the Tether reserve? · Keeping proper accounts is for legacy fiat banksters · Legal basis: stablecoins are commodities.

Tether and Bitfinex Fined $42.5 Million by the CFTC - Crypto Briefing

Today, the CFTC fined Tether $41 million over untrue or misleading claims. The stablecoin company has historically come under fire for its ...

Why Tether And Bitfinex Were Hit With CFTC Fines Totaling $42.5M ...

The U.S. Commodity Futures Trading Commission (CFTC) hit crypto exchange Bitfinex and Tether — the firm behind the stablecoin Tether (CRYPTO: USDT) — for ...

CFTC fines Tether and Bitfinex to the tune of $42.5 million

On Friday, the United States Commodity Futures Trading Commission (CFTC), fined Tether and Bitfinex $41 million and $1.5 million, ...