Tether's general counsel doubles down on support for Peter McCormack
“Tether supports Peter McCormack and believes he's in the right,” said Stuart Hoegner. Stuart Hoegner, general counsel for Tether and cryptocurrency exchange Bitfinex, is pushing back against claims the stablecoin operator has abandoned podcaster Peter McCormack in his lawsuit against Craig Wright, the Australian national claiming to be Satoshi Nakamoto.In an Oct. 24 tweet from Hoegner, the general counsel called a recent article from crypto media platform Coingeek which stated Tether had pulled funding from McCormack in his legal battle against Wright “a lie.” Coingeek is owned by Calvin....
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Did this UK judge determine that Craig Wright’s reputation was worth 1£? You be the… judge. The “High Court Approved Judgment” reads like a novel. It contains a lot of ins, a lot of outs, and a lot of what-have-yous. It conveniently summarizes everything that happened and what got us and Peter McCormack here. The […]
Move over Heard Vs. Depp, Wright Vs. McCormack is here to command the world’s attention. On one corner, the only man who has the gall to claim he’s Satoshi Nakamoto, Dr. Craig Wright. On the other, host and creator of the What Bitcoin Did podcast, Peter McCormack. The setting is London. According to McCormack’s tweets, […]
The Tether general counsel has declared an official audit in few months. USDT is a popular stablecoin occupying the third position in global digital assets. As it’s on blockchain that cybersecurity experts deem unhackable, the majority today trusts its security. Related Reading | Cardano Aims To Facilitate Users With Smart Contracts However, many people in the crypto community have been waiting for a financial audit of the stablecoin. Now, it seems that the ongoing regulatory issues in the crypto industry have galvanized the Tether team into action. As a result, they’re....
Tether’s general counsel said a full audit is coming in months. There will be an official audit of the world’s most popular stablecoin Tether within months according to the project’s general counsel.An audit for the world’s third-largest digital asset has been awaited for several years and increased regulatory pressure appears to have accelerated the process.In a rare mainstream media interview on CNBC, Tether CTO Paolo Ardoino and general counsel Stu Hoegner were asked some pressing questions on the subject of USDT’s backing and transparency.Hoegner responded to the question by saying:“We....
The three compared and contrasted the merits of gold versus bitcoin in an interesting debate.