https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=/_PLUS_iqIuzGOBBoAaaiknE4Ag==

New court documents show:

Quote

Over the past year, cryptocurrency platforms Bitfinex and Tether have allegedly issued tethers as loans to investors, run an unregistered securities offering and conducted business in New York despite being banned from operating in the state.

https://decrypt.co/7795/investigators-tether-loaned-usdt-to-investors-illegally-traded-in-new-york-ran-an-unregistered-securities-offering

Tether now surpasses Bitcoin in market volume trade.

https://twitter.com/whale_alert/status/1148252407983497216

100 million new tether minted

There is a crypto moon coming or a tether apocalypse !

Quote

Tethers have been issued unbacked as loans to certain investors, despite prior claims that the so-called stablecoin is backed one to one by dollars in an offshore bank account (Though executives now say it is 74 percent backed).

https://decrypt.co/7795/investigators-tether-loaned-usdt-to-investors-illegally-traded-in-new-york-ran-an-unregistered-securities-offering