During the 2021 bull run
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Oct 11
United States regulators successfully took three crypto enforcement actions against high-profile industry players. Stablecoin issuer Tether struck an $18.5 million settlement with the New York Attorney General (NY AG) in February, followed by a $41 million settlement with the CFTC in October, claiming that USDT is fully backed by U.S. dollar assets. The CFTC also reached a settlement with Tether's parent company, Bitfinex, with a lower fine of $1.5 million for illegal transactions. Meanw...
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