SEC Fines Tether’s Former Auditor $1.5M for ‘Improper Professional Conduct’
The regulator said New York-based accounting firm Friedman LLP, Tether’s auditor in 2017, failed to perform audits appropriately.
Original source
Read on DecryptRelated market context
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Tim Scott predicts $30T crypto market cap with regulatory clarity
Regulatory clarity could unlock significant institutional investment, potentially transforming the crypto market into a major fina...
SpaceX IPO Shatters Records as Bitcoin Sinks Below $60,000 and Tether Overtakes Ether
SpaceX raises $75bn in historic IPO; Bitcoin falls below $60,000 with half of supply in loss; Tether briefly overtakes Ether in a...
Tether’s Brief Overtaking of Ether in Value Signals Crypto Market Stress
USDT briefly surpassed Ether in market cap last weekend, signalling investor flight to safety amid Bitcoin's worst week since FTX...
Bitcoin Selloff Leaves Half of Supply Underwater as Tether Briefly Overtakes Ether
Bitcoin's drop below $60,000 leaves half of supply in loss, while Tether briefly overtakes Ether in a reality check for crypto mar...
Craig Gordon becomes oldest player at 2026 World Cup as crypto firms bet big on FIFA’s expanded tournament
The 2026 World Cup's crypto partnerships could redefine sports sponsorship, testing blockchain's scalability and NFT market maturi...