On this episode of #CGPulse, Stephanie Tower talks about a Bloomberg report about federal prosecutors probing whether Tether executives concealed transactions linked to digital currencies from banks. Tether has denied the allegations, which it claims are ‘based on unnamed sources and years-old allegations, patently designed to generate clicks.
Meanwhile, Coinbase faces a proposed class-action suit over misleading claims during its Nasdaq debut.
Investor Donald Ramsey filed a complaint against Coinbase in a California federal court for “significant losses and damages” following the company’s debut on the Nasdaq exchange in April.
In other news, Amazon denies the report by UK-based City AM about accepting digital currency payments and issuing tokens. However, the company is recruiting blockchain experts to explore its capabilities.
Excitingly, nChain announced the launch of Kensei, a data management blockchain platform with an initial focus on audit and accountability functionality.
Also, don’t forget to watch the premiere episode of More Than Money with Patrick Thompson featuring Ayre Ventures Director Paul Rajchgod.
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