Re:55% of all Tether, $25B, were created in 2021
by bb88 on Saturday April 17, 2021 @07:26PM
(#26848337)
The problem was the NYAG who asked for proof and Bitfinex couldn't provide proof. So they paid a modest fine and got banned from operating in the state of NY.
https://www.bloomberg.com/news/articles/2021-03-30/tether-re...