Tether Responds to WSJ Allegations of Mismanagement of Funds
Tether issued a statement informing its community of false material that had been spread to cast doubt on the organization's integrity. The misinformation cited above pertains to a Wall Street Journal (WSJ) story that attacked Tether.
Timeline of Tether
The Recent WSJ Report On Tether Is Not True, Tether Network Hits Back - CoinPedia
The crypto market is flashing green with the world's first cryptocurrency, Bitcoin and Ethereum regaining $20,000 and $1,600 levels respectfully. However, the global crypto market is still positioned below $1 trillion. At the time of writing, Bitcoin is trading at $20,395 after a slight drop of 0.37% over the 24hrs.
The Wall Street Journal Attacks, Tether Responds. Who Won? - Bitcoinist
Is this attack on Tether part of The Wall Street Journal's general campaign against bitcoin and crypto? Or did the newspaper feel the impulse to get in on the Tether FUD action a few months too late?
Tether Hits out at WSJ, Accuses Publication of Having an Agenda Regarding Company Reserves - BeInCrypto
Tether alleges that the Wall Street Journal has spread false information about its reserve composition and business profitability. The post Tether Hits out at WSJ, Accuses Publication of Having an Agenda Regarding Company Reserves appeared first on BeInCrypto.
Tether Refutes Allegations Of Inadequate Stablecoin Reserves - Coingape
Responding to claims that the stablecoin is not adequately backed by reserves, Tether described the allegations as ‘unsubstantiated conclusions'. After a Wall Street Journal article said there were doubts about the company's reserves, Tether reacted with a clarification.
Tether responds to WSJ's insolvency claim, says its US Treasury assets are safe - CryptoSlate
Tether has responded to concerns raised by a recent article by The Wall Street Journal claiming that the USDT issuer has inadequate reserves. The post Tether responds to WSJ's insolvency claim, says its US Treasury assets are safe appeared first on CryptoSlate.
Tether is on the Brink of Insolvency, Balance Sheet In A Pathetic Condition: Wall Street Journal - CoinPedia
Two weeks ago, Tether made headlines about the improvement in its market capitalization and the fact that it managed to reverse a three-month downtrend. However, Wall Street Journal's (WSJ) recent article has claimed that Tether's balance sheet is in such a meek position that even a 0.
Tether's Balance Sheet Is In Bad Shape – Small Drop Could Cause Insolvency - DCForecasts
Tether's balance sheet is in bad shape and a small drop could cause insolvency, according to a Wall Street Journal (WSJ) story, even a 0.3% loss in the value of its reserve assets might “make Tether technically insolvent.
0.3% fall in assets "could render Tether technically insolvent" — WSJ - Cointelegraph
Wall Street Journal's Jean Eaglesham and Vicky Ge Huang suggested that such a “thin cushion of equity” could cause mayhem in the market if Tether's liabilities were to outweigh its assets.
Tether takes an interesting stance, USDT benefits from it - AMBCrypto
In an unprecedented move, Tether [USDT] has defied Office of Foreign Assets Control (OFAC) sanctions. The organization has decided to go against the OFAC on the grounds of the latter not indicating “that a stablecoin issuer is expected to freeze secondary market addresses.
Tether and Kraken Transparency Audits Aimed at Boosting Further Confidence Into The Crypto Markets - Zycrypto
Tether Holdings Limited has released its June 2022 Assurance Consolidated Reserves Report. The debate on the reserves held by Tether has been ongoing, with Tether asserting that its tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether's reserves.
