Tether Responds to Bloomberg Report, Saying It’s ‘Repackaging Stale Claims as News’

Name: Tether Responds to Bloomberg Report, Saying It’s ‘Repackaging Stale Claims as News’
Uploaded: 2021-07-27T00:05:48Z
Duration: 6 min 395 s
Description: Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk’s Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.

Jul 27, 2021

Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong.

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