Stablecoin issuer Tether (USDT) is now faced with historical Chinese claims.
Recently, it has come to the fore with a new FUD. Tether’s in 2021 $18 million While the documents on the agreement that resulted in punishment are coming to light China linked details did not go unnoticed.
In the news that Bloomberg based on documents received by the New York Attorney General’s Office, Tether’s two largest banks in China, Industrial and Commercial Bank of China. (ICBC) and China Construction Bank (CCB) exported by to securities claimed to have. According to the information presented, Tether has recently acquired some of its reserves. with securities of Chinese banks may have supported.
Tether allegedly also deutche Bench, barclays And ArcelorMittal It also included securities issued by companies such as
New York Attorney General According to documents shared by TetherRecently reserves that support USDT It also included securities issued by Chinese companies. Speculation that Tether is holding China-based securities as collateral has haunted the company for years.
Documents subject to the news 2021 year and represents the data from the previous process.
In July of last year, the company that you don’t have Chinese bonds had expressed. However, at that time Tether, by prior possession did not make any statement about it.
On the other hand, Tether recently announced that the details of the agreement it made with the New York Attorney General in 2021. possible FUD to the news He warned that it could turn.