Christopher Harborne, a major crypto investor linked to Tether and Ethereum, has donated over £25 million to Nigel Farage's Reform UK party since 2019, including £3 million this year. The party also received £4 million from BitMEX founder Ben Delo. Controversy arose over a previously undisclosed £5 million personal gift from Harborne to Farage, now under investigation by UK regulators. This scrutiny highlights concerns about crypto money influencing UK politics and raises questions about Reform UK's stance on digital asset regulation. Investigations by the Parliamentary Standards Commissioner and Electoral Commission are ongoing, with political and public attention focused on transparency and donor influence.
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
The US Treasury added four crypto wallets linked to Iran's central bank to its sanctions list, prompting Tether to freeze $131 million in USDT held in TRON-based addresses. These wallets had received over $165 million in stablecoins, part of Iran's b...
Circle won a court-backed arbitration ruling confirming it lawfully suspended Heka Funds' USDC minting and redemption services due to undisclosed ties to Tether and suspected market manipulation. Heka failed to disclose Tether as its main investor, w...
Tether is shifting stablecoin use from crypto trading to everyday financial services by leading a $7 million investment in Pact Labs. The company aims to integrate its stablecoin USA₮ into payroll systems and real-time payments, addressing the $11 tr...
Pact Labs secured $7 million in a Series A funding round led by Tether to enhance its on-chain lending platform on the Aptos blockchain. The company operates the PACT Protocol, which has facilitated nearly $2 billion in loans and serves around 500,00...
