Tether Treasury lands in troubled waters as it accidentally prints 5 billion USDT followed by a subsequent burn

At 5.34 PM UTC, Tether Treasury minted a massive amount of Tether, and the news spread like wildfire. Tether which was already speculated to carry out suspicious transactions was questioned for printing 5 billion USDT, an amount large enough to shake things for Bitcoin. The CTO of Tether and Bitfinex, Paolo Ardoino was quick to respond […]

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