The U.S. Commodity Futures Trading Commission (CFTC) has slapped Tether with US$42.5 million in penalties, saying it made “untrue” and “misleading” statements and “omissions of material fact” in its management of the USDT stablecoin over several years. At the heart of the case were Tether management’s public claims that each “tether” unit was backed by one unit […]Read full post The U.S. CFTC has slapped Tether with $42.5 million in penalties. on Chaintimes.com.
