Each Tether (USDT) May Not Be Backed By 100 Percent Fiat

Tether Limited, the firm behind Tether (USDT), is not short of controversy. Created by Broke Pierce, a former actor and investor, the company has the backing of venture capitalists and links with BitFinex. Early last year, it was subpoenaed by the US DoJ and months later, users at BitFinex experienced withdrawal problems. It was later revealed that Tether were struggling to find willing…
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