Deltec Chairman Says Tether Letter on Bank Relationship Is 'Authentic'

by coindesk 11/05/2018

Last week's much-scrutinized letter, in which a Bahamas-based bank appeared to vouch for Tether's balance, has been confirmed as genuine by the bank.



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Updated: 11/06/2018

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Updated: 11/06/2018

via livebitcoinnews11/05/2018

Tether’s Deltec Bank Goes Quiet on Partnership – Is the Banking Relationship Even Real?

It seems the controversy surrounding Tether continues. The bank reportedly storing $1.8 billion for the altcoin has gone silent. Is There a Banking Relationship? At the beginning of November, the troubled stablecoin announced a new banking relationship with the Bahamas-based Deltec bank. This was made through a blog post on the company’s website. Prior to the...


via bitcoinist11/02/2018

Tether Announces Relationship With Deltec Bank in the Bahamas

On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. Early in the day on Twitter, the firm confirmed a new banking relationship with Deltec Bank & Trust Limited (Deltec), which has a headquarters in the Bahamas. We are pleased to be able to confirm that Tether has an account with Deltec Bank & Trust Limited

via ccn11/01/2018

Breaking: Tether Opens $1.8 Billion Bank Account in the Bahamas

Tether Limited, the issuer of controversial USD-pegged cryptocurrency stablecoin tether (USDT), has confirmed that it is banking in the Bahamas.