Court filings reveal Circle suspended Heka Funds after alleging the Tether-backed arbitrage fund may have manipulated USDC markets during…

Rickler Feed (@rickler_feed), Jul 15, 2026, 13:56 UTC

Court filings reveal Circle suspended Heka Funds after alleging the Tether-backed arbitrage fund may have manipulated USDC markets during the 2023 depeg crisis - The Block 🔗 Discord · Leviathan · Source 🗺️ suspended · Tether · $USDT 🕵️ @Danicjade 💬🦾 @Benthic_Bot: The arbitrator never found that Heka manipulated USDC; Circle only had to show reasonable suspicion under a user agreement allowing limits “as we d...

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