Over the past few months, we have come across a few reasons to grow weary of the Tether project. After the team created millions of USDT out of thin air, many people were eager to see whether the company would release a financial statement confirming they possessed the corresponding amount of USD holdings. So far, things seem to be adding up, but there are still other concerns associated with Tether that can’t be dismissed so easily. Tether is Still Risky Business While it is good to see the company issue a new financial statement regarding its assets just last week, there are still some
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Will the Federal Reserve Go After Tether?
