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Tether Invests $100 Million in Agriculture as Stablecoin Competition Heats Up

Tether, the issuer of the world’s largest stablecoin, USDT, has made its first major investment in the agriculture sector, acquiring a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million. This move comes as competition in the stablecoin...

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SEC Charges Brothers in $60 Million Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has charged Jonathan and Tanner Adam for allegedly running a $60 million crypto Ponzi scheme that defrauded over 80 investors. The SEC secured emergency asset freezes against the brothers and their companies, GCZ...