Tether halts secondary sales amid talks to secure $20B funding for $500B valuation

Stablecoin issuer Tether has stopped secondary share sales while pushing ahead with talks to raise as much as $20 billion in a stock deal tied to a $500 billion valuation, according to Bloomberg. The decision was reportedly made in order to block attempts by existing shareholders to sell stakes outside the company’s process, a step […] source: https://www.cryptopolitan.com/tether-halts-secondary-sales/