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Tether CEO Paolo Ardoino says initial plans to raise $15B to $20B were a "misconception"; sources say Tether's advisers have floated raising as little as $5B (Jill R Shah/Financial Times)

Jill R Shah / Financial Times : Tether CEO Paolo Ardoino says initial plans to raise $15B to $20B were a “misconception”; sources say Tet...

31 August 2024

A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; Source: Bolt lost $310M on $27M 2023 revenue (Eric Newcomer/Newcomer)

Eric Newcomer / Newcomer:
A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; Source: Bolt lost $310M on $27M 2023 revenue  —  I've got the company's financial performance, a letter to investors, and a statement from Ashesh Shah at The London Fund.

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