Great investment move from Tether! 🌍💸 Tether, the world's largest stablecoin, purchased a significant share in Northern Data, a company focused on Bitcoin mining and expanding into the artificial intelligence sector in late 2023. 📈🤖
However, after this investment, former executives of Northern Data's North American subsidiary filed a lawsuit against the company, alleging securities fraud, tax evasion and retaliating against whistleblowers. ⚖️🚨