Is Brock Broke? Tether Founder in Legal Battle Over Property in Puerto Rico

Brock Pierce, co-founder of the controversial ‘stablecoin’ Tether, is suing his former business partner Joseph Lipsey III over control of the W resort in Puerto Rico. Pierce initially acquired a majority stake in the hotel in 2021 and secured a line of credit from Lipsey III, a prominent figure in the trucking industry, to buy … Continue reading Is Brock Broke? Tether Founder in Legal Battle Over Property in Puerto Rico