TagDeltec

Deltec, the roots of the Tether house bank lie in the history of Wall Street

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If anyone takes a look today at what Deltec Bank in the Bahamas is, they see only a tiny and almost anonymous offshore financial institution whose only point of interest seems being the custodian bank of the reserves guaranteeing the so-called “stablecoin” Tether. Tether and Bitfinex have been the focus of the recent New York State Attorney General (NYAG) investigations, as well as of some class...

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