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Circle suspended Tether-backed Heka Funds over USDC market manipulation
Circle suspended Tether-linked Heka Funds in December 2023 over USDC manipulation. An arbitrator rejected Heka's $49M claim, citing hidden Tether ties.
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cryptobriefing.com
Circle clashed with Tether-backed fund over market manipulation concerns, and won
Circle banned Tether-backed Heka Funds over market manipulation concerns and won a $49 million arbitration claim, escalating the USDC-USDT stablecoin
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Circle suspended Tether-backed Heka Funds over USDC market manipulation
Circle suspended Tether-linked Heka Funds in December 2023 over USDC manipulation. An arbitrator rejected Heka's $49M claim, citing hidden Tether ties.
