Financial Times: Tether keeps more than $1 billion in Britannia Financial Group subsidiary
On November 21, Tether has reportedly deposited over $1 billion with Britannia Financial Group's subsidiary, as reported by the Financial Times citing London's High Court documents. The deposit is said to be related to a legal dispute between Britannia Financial and Arbitral International, a company registered in the British Virgin Islands.According to court documents, Tether opened an account with Britannia Financial's subsidiary in November 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IRUSDT now launched for futures trading and trading bots
Bitget Spot Margin Announcement on Suspension of HIGH/USDT, GTC/USDT, SLP/USDT, PERP/USDT Margin Trading Services
CandyBomb x IR: Trade IR or BTC to share 1,104,000 IR
Bitget to delist the BABY On-chain Earn product
