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55 sats \ 0 replies \ @siggy47 21 Sep 2022 \ on: Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT bitcoin
While reading this I couldn't help but notice that the legal argument against tether accuses it of the same thing that the US dollar has been doing over the past fifty years- using unbacked currency to artificially inflate markets.