Tag: Tether
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Tether announces 10% stake in Juventus
Tether announced yesterday that it holds a shareholding of up to 10% in Juventus Football Club. The announcement follows a previous announcement in which Tether disclosed a shareholding in Juventus. According to a disclosure made by Juventus last month, Tether had owned up to 8.2% of the club’s shares by the end of 2024. Juventus…
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Tether announces minority stake in Juventus FC
Tether, the world’s largest stable-coin provider, has announced it acquired a stake in the Italian football club Juventus FC. Juventus is the most successful Italian football club ion history in terms league wins and was founded in 1897 and it is based in Turin. The Agnelli family hold a 64% stake in the club through…
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Did Tether just get bailed out by Blackrock’s ETF?
There are very few people in this world who know the truth about Tether and among them are the FBI, the US security services, Tether’s founders and previous owners such as Giancarlo Devasini, and Tether’s banker Cantor Fitzgerald. Today, one man is in control of the most important asset in the crypto industry after bitcoin.…
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What happens to Tether after Binance’s settlement with the DOJ and the US government?
The historic images of crypto’s kingpin exiting a Seattle court last Tuesday after he pleaded guilty to a host of criminal charges were expected. The timing was also expected, coinciding roughly with one year after the FTX implosion and soon after its founder and CEO Sam Bankman Fried was sentenced. What wasn’t expected was that…
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The Southern District of New York Attorney Damian Williams says that fraudsters in crypto will be brought to justice
Many in crypto have wrongly and naively assumed that the previous lecturer on blockchain technology, and current Securities and Exchange Commission Chairman Gary Gensler is the enemy of crypto. Yet, Gensler was rather mild and over-cautious in his attempt to bring the crypto industry in line with current security laws, and he can even be…
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Changpeng Zhao seems to have a rug under Tether’s feet
In the world of crypto two of the biggest industry players are feuding online. Binance’s Changpeng Zhao is not happy with Tether because it does not provide evidence for its proof of reserves although the real reason why CZ had a fall-out with Tether is yet unknown. The fact that Tether is not transparent is…