UnTethering the Cryptocurrency Market

Last week, the New York Attorney General (NYAG) launched an investigation into Tether, arguably the most controversial stablecoin in the crypto space, over an alleged $850 million fraud. Tether’s legal counsel have since admitted that the stablecoin is now only 74% backed by it’s asset reserves. Tether (USDT) is a cryptocurrency that can be categorized […]

The post UnTethering the Cryptocurrency Market appeared first on Coinjournal.

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