Friedman, Former Tether's Auditing Firm, Faces Over $1.6 In Penalty By SEC
The U.S. Security and Exchange Commission (SEC) sued and set charges of 1 million USD as a monetary penalty against Friedman LLP, the former auditing firm of Tether. Although the stablecoin issuer Tether hired the same auditing company from May 2017 to January 2018, the case filed last week does not count it.
Timeline of Tether
Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting - Coindesk
Friedman LLP, a New York-based accounting firm that provided auditing services for Tether in 2017, is accused of “serial violations of the federal securities laws” and “improper professional conduct.”
3A-Level Game Zalmoxis Landed On MEXC Launchpad — Hold 10 MX Or USDT To Participate - CoinPedia
From 16:00 on Sept. 23 to 15:59 on Sept. 27 (UTC), the cryptocurrency trading platform MEXC will hold the latest event on its launchpad. The event project is Zalmoxis (KOSON), a AAA-level massively multiplayer online role-playing game (MMORPG) game developed by Wenmoon Studios Ltd.
U.S Judge Orders Tether To Produce Financial Records Proving USDT's Backing - Bitcoinist
Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the order for Tether on Tuesday upon the plaintiffs' request to prove its reserves.
Tether's response when a NY judge asked for financial documents showing the backing of USDT - Cryptopolitan
A recent discovery unmasked a claim that refers to the issuance of unbacked USDT by Tether. This unbacked currency circulating in the market has caused turbulence and damage of $1.4 trillion.
US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves - Cryptonews
As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether's parent company to provide financial records for its USDT stablecoin.
NY Judge Orders Tether To Produce Documents Proving USDT Backing - Benzinga
Stablecoin issuer Tether must disclose financial documents to verify that it's backed by the U.S. dollar, New York Judge Katherine Polk Failla says. The company is currently in a lawsuit due to allegations that it manipulated the crypto markets.
US Judge Orders Tether to Show The Receipts - BeInCrypto
In a case which could have significant repercussions for the wider crypto industry, U.S. Judge Katherine Polk Failla has ordered Tether (USDT) to produce accounting documentation to prove the stablecoin is backed by U.S. dollars. The post US Judge Orders Tether to Show The Receipts appeared first on BeInCrypto.
Court Asks Tether To Submit Memos Supporting Backing of USDT - Coingape
Tether, publisher of the largest stablecoin in the digital asset industry is dealing with legal trouble these days. However, it is also losing its dominance to the USDC, Circle's stablecoin.
Tether, Bitfinex ordered to show financial documents over USDT stablecoin - The Block
On Tuesday, a New York judge ordered Tether and Bitfinex to produce documents showing the backing of the USDT stablecoin. The post Tether, Bitfinex ordered to show financial documents over USDT stablecoin appeared first on The Block.
New York court orders Tether to provide documents on USDT reserve - CryptoSlate
A New York court ordered Tether to provide financial records showing the backing for USDT. The post New York court orders Tether to provide documents on USDT reserve appeared first on CryptoSlate.
