Circle clashed with Tether-backed fund over market manipulation concerns, and won
Covered by 3 sources · 3 articles
3 outlets - including Theblock, Cryptotimes and Cryptobriefing - are covering this story. Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund.
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Circle suspended Tether-backed fund over market manipulation concerns, arbitration filings show
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund.
Circle Banned Tether-Backed Fund Over Manipulation Concerns, Filings Reveal
Filings in a Boston federal court detail how Circle suspended Heka Funds after suspecting it was funnelling USDC redemptions to Tether, in a dispute the arbitrator resolved in Circle's favor.
Circle clashed with Tether-backed fund over market manipulation concerns, and won
Circle's win over Tether-backed fund underscores the intensifying scrutiny and competitive dynamics in the $307 billion stablecoin market. The post Circle clashed with Tether-backed fund over market manipulation concerns, and won appeared f…