Cryptocurrency Q&A
What happened to Tether coin?
What happened to Tether coin?
Giulia
Mon Dec 30 2024
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5 answers
1103
I'm wondering about the recent developments or events related to Tether coin. Has there been any significant changes, issues, or news regarding Tether that I should be aware of?
5 answers
Nicola
Wed Jan 01 2025
Specifically, the CFTC ordered Tether to pay a $41 million penalty. This action underscores the strict scrutiny that cryptocurrency exchanges face from regulatory authorities.
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Martino
Wed Jan 01 2025
Tether has been subject to several investigations in the past. One notable probe was conducted by the Office of the New York Attorney General.
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MichaelSmith
Wed Jan 01 2025
The New York Attorney General's office imposed an $18.5 million fine on Tether and its parent company, iFinex, in 2021. This penalty was a result of Tether operating illegally within the state.
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NebulaChaser
Wed Jan 01 2025
Another regulatory body that has scrutinized Tether is the Commodity Futures Trading Commission (CFTC). The CFTC imposed a significant penalty on the cryptocurrency firm.
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StarlitFantasy
Tue Dec 31 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services. Its offerings include spot trading, futures trading, and a wallet service. These services cater to the diverse needs of cryptocurrency investors.
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