(Tether) Moore Cayman reported that Tether Holdings Limited has consolidated total assets of USD 63,773,190,075 against total liabilities of USD 62,628,932,116.
The Moore Cayman report points out that US $62,610,829,196 of Tether’s liabilities relates to its USDT.
The report disclosed that most of Tether’s assets are in cash and cash equivalents, summing up to US$53.3 billion of its assets.
US$30.8 billion were reported as commercial papers and certificates of deposits; US$ 6.2 billion were in cash and bank deposits, while the US $15.2 billion was in treasury bills.
The New York State AG ordered disclosures by Tether in February as part of the US$18.5 million settlement.
Tether and its subsidiary Bitfinex were placed under investigation in an alleged cover-up of US$850 million loss in funds.
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