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Tether-Backed Crypto Merger Collapses as Mallers Steps Down

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2026-07-21 11:18:22
A proposed merger of three crypto firms has been scrapped, and one of their leaders is stepping down while another consolidates control across the Tether-backed franchise, according to Bloomberg.

The news follows the collapse of the three-way deal, but no further details were provided on the firms involved or the terms of the abandoned transaction.
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