Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty

Tether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings.
Tether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings.
Although bitcoin stole the show amid Donald Trump’s election, the unchanged price of USDT hid its own, equally significant victory.
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.
Despite Tether’s previous promises that it would stop extending secured loans, the program has quietly continued.
A timeline of Tether’s run-ins with US courts and law enforcement traces back over a decade, but its market cap has steadily grown.