Bitfinex, Tether Found To Misrepresent USDT Backing And Obscure User Fund Losses

The NYAG found that Tether and Bitfinex misrepresented the assets backing USDT and obscured the loss of $850 million in user funds.The post Bitfinex, Tether Found To Misrepresent USDT Backing And Obscure User Fund Losses appeared first on Bitcoin Magazine.