Tether operates a $68 billion stablecoin at the heart of crypto’s alternative financial universe. Yet the company’s founders and owners are an unusual bunch with scant experience at that scale of finance, according to trove of documents reviewed by WSJ.
Tether Holdings Ltd. operates a $68 billion stablecoin at the heart of crypto’s alternative financial universe.
Far more tether trades each day thanYet the company’s founders and owners are an unusual bunch with scant experience at that scale of finance. One founder was a child actor turned early crypto investor. Another founder and top shareholder practiced plastic surgery before turning to electronics importing and then crypto. One newer owner has gone deep into British politics.
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.
WSJ News Exclusive | Tether Ownership and Company Weaknesses Revealed in DocumentsTether operates a $68 billion stablecoin at the heart of crypto’s alternative financial universe. Yet the company’s founders and owners are an unusual bunch with scant experience at that scale of finance, according to trove of documents reviewed by WSJ.
Read more »
WSJ News Exclusive | French Forces Seize Iranian-Supplied Weapons Bound for YemenElite French special forces seized a boatload of Iranian-supplied weapons and ammunition bound for Yemen as part of a deepening effort to contain Tehran, according to officials familiar with the operation.
Read more »
WSJ News Exclusive | Bloomberg Looks to Make More Documentaries, Talk ShowsBloomberg’s “Quicktake” streaming channel is being rebranded “Bloomberg Originals” and will offer more documentaries and talk shows
Read more »
WSJ News Exclusive | BP’s CEO Plays Down Renewables PushChief Executive Bernard Looney has said he is disappointed in the returns from some renewable investments and plans to pursue a narrower green-energy strategy, according to people familiar with the discussions.
Read more »
WSJ News Exclusive | Jennifer Lopez Asks $42.5 Million for 8-Acre Los Angeles EstateThe roughly 14,000-square-foot Bel-Air home includes a theater with movie posters of films in which the performer and husband Ben Affleck have starred.
Read more »
WSJ News Exclusive | Leaders of Self-Driving-Truck Company Face Espionage Concerns Over China TiesOfficials told the Justice Department that leaders of TuSimple, a self-driving-truck company, should face economic-espionage charges for allegedly passing technology to China, people familiar with the matter say
Read more »