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Coinnounce 2022-06-28 06:35:47

Hedge Funds Targeting USDT to Destabilize it: Tether CTO

Tether’s CTO Paolo Ardoino has revealed that hedge funds intending to short sell the dollar-pegged cryptocurrency asset have launched an “organized attack” on the stablecoin. The Tether CEO responded to rumors that hedge funds have already been taking millions in loans to short USDT since Terra (LUNA) collapsed in May, speaking on Twitter on Monday, […]

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