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Reviewing the Tether Documents


Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won...

JPMorgan Report: Hinman Documents in SEC-Ripple Case Strengthen Ether


JPMorgan believes the release of the Hinman documents in the ongoing legal battle between Ripple and the US Securities and Exchange Commission could benefit ethereum (ETH).  In a Thursday research report, JPMorgan analyst Nikolaos Panigirtzoglou wrote that the internal SEC messages related to...

Documents Reveal Binance.US Suffered a $181 Million Loss in 2022


Binance’s US branch, Binance.US, was deeply unprofitable in 2022 and lost as much as $181 million for the year, a new filing made by the Securities and Exchange Commission (SEC) has revealed. The loss came despite Binance.US receiving some $132 million last year from its parent company...

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