Weiss Cryptocurrency Ratings Issues Fresh Alert on Tether

Controversial "stablecoin" Tether is under the gun again, as Weiss Ratings recently released a report detailing the red flags associated with the project. According to the alert, the largest issue facing Tether is the lack of a completed audit that accounts for the assets in circulation. During December and January, over one billion new Tethers were issued which coincided with the incredible...

Twitter Temporarily Suspends Vocal Tether Critic Bitfinex’ed


A Twitter account operated by vocal Tether critic Bitfinex’ed was temporarily suspended by the social media giant, only to be restored hours later. On Wednesday, the @Bitfinexed Twitter account went offline, and its pseudonymous operator took to Reddit to inform followers of the situation. “My Twitter account is currently suspended, Bitfinex’ed wrote in a post on the /r/Buttcoin subreddit, before...

CFTC Subpoenas Bitfinex and Tether as Questions Mount Over Audit

Bitfinex Tether

Questions surrounding one of the world’s largest cryptocurrency exchanges and its relationship with embattled startup Tether are set to receive a hearing from US regulators. The US Commodity Futures Trading Commission (CFTC) sent subpoenas to both companies on December 6th, according to a Bloomberg report, which cites an unnamed source familiar with the matter. “We routinely receive legal process...

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