Orionx Ceases Operations Following Audit Discovery of $7 Million External Asset Discrepancy
September 7, 2026
Tether-backed exchange Orionx is shutting down permanently after an independent audit revealed over $7 million in customer funds had been moved to unmonitored external wallets. The incident underscores growing concerns around digital asset custody.
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Tether Faces Lawsuit Over Preemptive $42.4 Million Stablecoin Freeze Ahead of Law Enforcement Warrant
September 3, 2026
Two Thai businessmen are suing Tether in Manhattan federal court after the firm froze $42.4 million in USDT four months before a formal legal seizure warrant was issued.
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Sberbank Prepares for Crypto-Backed Lending via Bitcoin, Ethereum, and Tether
September 1, 2026
Russia's largest banking entity, Sberbank, is laying the groundwork to accept Bitcoin, Ethereum, and Tether as loan collateral, pending new regulatory approvals from the Bank of Russia.
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Inside Maple Finance’s Ascent to the Top Tier of Institutional Crypto Lending
August 20, 2026
Maple Finance CEO Sid Powell outlines how the platform navigated post-2022 crypto market turmoil to secure its position as the second-largest lender in the digital asset ecosystem behind Tether.
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Tether Secures Historic KPMG Financial Audit for El Salvador Entity but Keeps Full Report Private
August 17, 2026
Tether has completed its first full financial statement audit via KPMG U.S. for its El Salvador entity, earning an unqualified opinion under AICPA standards while keeping the detailed statements private.
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