CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

cryptocurrency 1 month ago

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 times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.
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