> open event/sog_ev_usdt_2021_10_cftc_order
CFTC order on Tether reserve representations
The CFTC issued an order concerning Tether reserve representations and related Bitfinex matters. SOG records this as regulatory and reserve-disclosure context, not as a depeg or failed-status event.
Impacthigh
Sources1
Tether USDt
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Tether
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Depeg guide
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| Date | 2021-10-15 |
|---|---|
| Type | regulatory_action |
| Stablecoin | Tether USDt (USDT) |
| Issuer | Tether |
| Impact | high |
| Status effect | none |
| Recovered | — |
| Recovery date | — |
| Failure / mechanism | reserve_representation_context |
| Confidence | medium |
| Sources | 1 |
| Source | Publisher | Type |
|---|---|---|
| CFTC orders Tether and Bitfinex to pay fines | CFTC | regulatory_source |
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