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FTX and Tether were closer to Celsius than anyone realized

Dirty Bubble Media has published the results of an investigation into links between Sam Bankman-Fried's (SBF) companies and Celsius. As it turns out, FTX, SBF, Celsius, and even Tether are far more financially linked than previously thought - with ties running deeper than SBF's Alameda Research becoming a major creditor to now-bankrupt Celsius.

Dec 26, 2022 by Aaron Wise - Protos
Crypto News
Tether's recovery of an $840mn loan scrutinised in Celsius bankruptcy

Stablecoin issuer Tether faces scrutiny over an $840mn loan it recovered from Celsius Network as the crypto lender's bankruptcy tests how insolvency rules apply to digital assets. Celsius filed for bankruptcy protection in the US this month, becoming the latest casualty of the recent crash in crypto prices and leaving hundreds of thousands of its customers facing losses on their investments.

Aug 11, 2022 by Ft
Crypto News
Crypto Addresses Holding NFTs Worth $532k are Among the Latest Sanctioned by OFAC

A digital ape, a domain address and virtual land parcels are among the $342.5 million held in cryptoasset wallets subject to new OFAC sanctions - marking the first time that NFTs have been associated with OFAC-sanctioned entities.

Nov 09, 2021 by Elliptic Intel
Crypto News
Stablecoin issuer Tether pushes back against Bloomberg report

Yesterday, Bloomberg's Businessweek published a feature about Tether's $69 billion stablecoin, or more specifically about its backing assets. A highlight of the piece is the author Zeke Faux's description of Tether as "a company that seemed to be practically quilted out of red flags". One of the things that alarms regulators is its rapid growth.

Oct 08, 2021 by Ledger Insights - Enterprise Blockchain
Crypto News
Tether: A Nearly $70 Billion Time Bomb

Are popular crypto stablecoins the next subprime CDOs, or even outright Ponzi schemes? Find out why I advise investors to sell or avoid Tether.

Oct 08, 2021 by SeekingAlpha
Crypto News
Crypto exchange Binance hit by criminal complaint from Thai regulators

July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally.

Jul 02, 2021 by Reuters
Crypto News
The Tether Ponzi Scheme

Tether is a fraud on the scale of Madoff or Enron and we're in the middle of a bubble for the history books. Disclaimer: I have short positions on the cryptocurrency ecosystem, through MSTR and COIN puts It's something awesome to live through one of the great bubbles of history.

Jun 21, 2021 by SingleLunch
Crypto News
Crypto Crime Cartel: Tether using its stablecoin scam to exploit El Salvador

No matter what you believe about USDT-Tether-it is beyond question that the stablecoin has become integral to the digital asset industry. It's the most-traded digital asset by a significant margin, and the network of exchanges surrounding Tether hold significant amounts of USDT.

Jun 17, 2021 by CoinGeek
Crypto News



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