Stablecoin Giant Tether Hit With $41 Million Fine in Latest Crypto Crackdown

Stablecoin Giant Tether Hit With $41 Million Fine in Latest Crypto Crackdown

The CFTC accused the stablecoin giant of falsely claiming that it backed each of its digital tokens with an equivalent amount of U.S. dollars. Tether said the issues have since been corrected.

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