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Bitfinex and Tether: The $150 Billion Stablecoin Architecture and the Most-Litigated Operating Record in Crypto
Tether at $150B circulating supply. Bitfinex's 2016 hack, the $3.6B Razzlekhan seizure, the NYAG settlement, the CFTC enforcement, and the GENIUS Act compliance pivot. The most-litigated operating record in cryptocurrency.