New documents reveal the stablecoin issuer's ownership structure as of 2018.
According to the documents, Tether was built by the joint efforts of ex-plastic surgeon Giancarlo Devasini and former child actor and crypto entrepreneur Brock Pierce. In September 2014, Tether Holdings was incorporated in the British Virgin Islands.
The fourth-largest shareholder in Tether as of 2018 was a man with dual citizenship, known as Christopher Harborne in the United Kingdom and Chakrit Sakunkrit in Thailand, who owned 13%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ86% of stablecoin issuer Tether was controlled by just four people as of 2018, according to documents viewed by the Wall Street Journal. By NelWang
Read more »
Syria Again in Denial as OPCW Blames it for Deadly 2018 Chlorine StrikeDespite years of denials and distortions from Syria and its ally, Russia, the chemical weapons watchdog offers overwhelming evidence Syrian government forces carried out the attack.
Read more »
36-year-old man wanted for sexually abusing child in 2018, police sayHouston police are asking for the public’s help with locating a man who is wanted for sexually abusing a child a few years ago.
Read more »
Tether CTO denies borrowing from bankrupt lender CelsiusUSDT stablecoin issuer Tether has never borrowed from Celsius, CTO Paolo Ardoino said in response to statements in Celsius’ examiner report.
Read more »
Tether denies it borrowed $2B from Celsius, as described in court reportTether denies it borrowed $2 billion in funds from Celsius, as detailed by a court-appointed examiner in the failed crypto lender's bankruptcy proceedings. Tether says it never borrowed funds from Celsius, which differs from what was released in a nearly 700-page court examiner report on Tuesday.
Read more »
Tether CTO Paolo Ardoino on taking the bull by the hornStablecoins may have suffered an identity crisis in 2022, but Tether_to CTO paoloardoino is bullish about the utility the sector provides. ghcryptoguy discusses the frequently asked questions about stablecoins with Ardoino on Hashing It Out.
Read more »