Company behind Tether 'token' fined $41M by US regulators - NewsBreak

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By Yoongi in Business
Updated 2 years ago

The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies. The Commodity Futures Trading Commission said Friday it charged Tether Holdings Limited...

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