Name: CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
Uploaded: 2021-10-15T18:14:00.000Z
Duration: 8 min 20 s
Description: The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.

CD20$2,074.691.17%BTC$77,476.560.95%ETH$2,137.071.12%XRP$1.370.88%SOL$86.392.48%

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims | CoinDesk Videos

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CD20$2,074.691.17%BTC$77,476.560.95%ETH$2,137.071.12%XRP$1.370.88%SOL$86.392.48%

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims | CoinDesk Videos