Tags : Deceptive


Regulation

Tether Accused of ‘Illegal and Misleading’ Apply in New Class-Motion

Main stablecoin issuer Tether has been hit with a class-action lawsuit alleging the corporate’s practices are “immoral, unethical, oppressive, and unscrupulous,” based on the complaint, which was filed within the district courtroom of south New York.   Plaintiffs Matthew Anderson and Shawn Dolika dispute Tether’s declare that its cryptocurrency is backed by 1:1 greenback reserves. This […]Read More