Four Tether Executives Are Now Billionaires

Members of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes. By Steven Ehrlich and Nina Bambysheva, Forbes Staff Crypto is struggling. Under attack from regulators, the overall value of cryptocurrencies is down approximately 60% from its 2021 highs. But one digital asset company is thriving: stablecoin…

Republicans Don’t Really Think They Can Fire Gensler, But They Can Make His Life Difficult

Securities and Exchange Commission Chairman Gary Gensler testifying on Capitol Hill. (Photo by … [+] Brendan Smialowski/Getty Images) Getty Images Representative Warren Davidson admits he might not have the votes to fire Gary Gensler, but the crypto-friendly Ohio Republican wants the SEC chairman to rein in his attack on the digital-assets industry. “The SEC Stabilization…

Chairman Gensler Discusses Crackdown On Crypto Following Binance And Coinbase Lawsuits

UNITED STATES – NOVEMBER 18: Commodity Futures Trading Commission Chairman Gary Gensler testifies … [+] during the Senate Agriculture, Nutrition and Forestry Committee hearing on reforming the United States financial market regulations on Wednesday, Nov. 18, 2009. (Photo By Bill Clark/Roll Call/Getty Images) CQ-Roll Call, Inc via Getty Images There is a lot going on…