Hacker News new | ask | show | jobs
by runn1ng 2822 days ago
The article wrongly conflates Noble Group - an unrelated Hong Kong company, trading commodities, with Noble Bank - the actual Tether bank, having rumored problems.

The Hong Kong financial group - the one that is being bought by Deutsche Bank - has nothing to do with cryptocurrency. (That means liquidity problems of the Tether bank cannot be related to commodity trading.)
1 comments
Animats 2822 days ago
Yes. It's this Noble Bank.[1] "Noble Bank International is a full-reserve bank providing real-time post-trade services to OTC markets including FX and Digital Currencies."[1][2]

[1] https://www.noblebankint.com/ [2] https://www.bloomberg.com/research/stocks/private/snapshot.a...

link