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Tag: Feathercoin

Tether Puts the Past Behind Them by Paying $41M to CFTC for Not Having All of Its Reserves in Cash
The US Commodity Futures Trading Commission (CFTC) announced that it has settled charges against Tether for “making untrue or misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin.”
Tether will pay a… Read full article
CFTC Classifies Stablecoins as a Commodity
The Commodities Futures Trading Commission (CFTC) has for the first time classified tokenized dollar stablecoins as a commodity by entering into a settlement with Tether.

CFTC issued an order simultaneously filing and settling charges against Tether “for making untrue or… Read full article
CFTC slaps Tether and Bitfinex with a combined $42.5 million fine
On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order.… Read full article
Tether And Bitfinex Fined $42.5M By CFTC For False Statements About Dollar Reserves
The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million.

CFTC claimed that the Tether (USDT) stablecoin was not completely backed… Read full article
CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether… Read full article
CFTC slaps Tether and Bitfinex with a combined $42.5 million fine
The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public. Read full article
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