Tether and Cantor Launch $3.6B Bitcoin Venture as Legal Scrutiny Hits Binance

Court: N.D. California
Case: 3:23-cv-05038
Tether, Cantor Fitzgerald, and SoftBank unveiled Twenty One Capital, a $3.6B venture holding over 42,000 bitcoins, set to become the third-largest BTC treasury. The Nasdaq-bound firm launches amid renewed crypto enthusiasm under Trump and deepens Tether’s long-standing ties with Cantor, which holds most of its U.S. Treasury reserves.
At the same time, FTX users filed a class action accusing Binance and its CEO of deliberately crashing FTX to dominate the crypto market. You can find more details here and stay updated on future changes.
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