Tether Says Some Funds Are Exposed to EQI Bank Liquidation Risk, Under 0.034% of Assets

Some of Tether's funds are tied up at offshore lender EQI Bank, which is facing liquidation risk, The Information reported. Tether said the exposure represents an extremely small share of its total assets.The Information reported on September 24 that EQI Bank faced liquidation risk after U.S. author…