On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests and said the responses were “withheld because of possible law enforcement investigation.”

Jacob Silverman Sought ‘Access to All Documents, Emails, Memos, and Reports Related to Tether’

There’s a ton of stablecoins these days and today, all the stablecoins in existence are valued at $129.7 billion. The oldest stablecoin and the largest, in terms of market valuation, tether (USDT) commands $69.7 billion of the aggregate total of all stablecoins. This Friday, a staff writer from the publication The New Republic, Jacob Silverman, tweeted that he had filed for a FOIA request concerning “Tether” and “Tether Operations Limited.”

Essentially, a Freedom of Information Act (FOIA) request allows Americans to access all…

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Source: https://news.bitcoin.com/sec-denies-freedom-of-information-act-request-concerning-tether-documents/