Circle suspended Tether-backed Heka Funds over USDC market manipulation
Covered by 2 sources · 2 articles
2 outlets - including Cryptopolitan and Cryptobriefing - are covering this story. An arbitrator has rejected a $49 million damages claim brought by Heka Funds, a Malta-based trading firm financially tied to Tether, over Circle’s decision to ban it from redeeming USDC. The filings became public in a Boston federal court o…
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Circle secures win over Tether-backed Heka Funds in USDC manipulation lawsuit
An arbitrator has rejected a $49 million damages claim brought by Heka Funds, a Malta-based trading firm financially tied to Tether, over Circle’s decision to ban it from redeeming USDC. The filings became public in a Boston federal court o…
Circle suspended Tether-backed Heka Funds over USDC market manipulation
Circle's decisive action against Heka Funds underscores the critical importance of transparency and integrity in the rapidly evolving stablecoin market. The post Circle suspended Tether-backed Heka Funds over USDC market manipulation appear…