Cryptocurrency Q&A
Is USDT under investigation?
Is USDT under investigation?
BlockchainWizardGuard
Mon May 13 2024
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5 answers
1119
I've been hearing whispers in the cryptocurrency community that USDT, the popular stablecoin, may be under investigation. Could you clarify the situation for me? Are there any official inquiries or audits being conducted on USDT and its issuer, Tether? If so, what are the alleged concerns or reasons for this investigation? I'm also interested in knowing if this investigation has any potential impact on the stability or liquidity of USDT, and how it might affect the wider cryptocurrency market. Could you provide any insights or updates on this matter?
5 answers
KimonoGlitter
Wed May 15 2024
Authorities in both the United States and the United Kingdom are conducting investigations into the movement of a significant amount of tether (USDT), a stablecoin pegged to the US dollar.
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Lorenzo
Wed May 15 2024
Bloomberg has released a report citing individuals with knowledge of the matter.
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GwanghwamunPride
Tue May 14 2024
The investigation focuses on the transfer of USDT worth $20 billion through a Russian exchange that has been sanctioned.
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Sara
Tue May 14 2024
BTCC, a cryptocurrency exchange based in the UK, offers a range of services related to digital assets.
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KpopHarmonySoul
Tue May 14 2024
Among its offerings, BTCC provides spot trading, futures trading, and wallet services, catering to a diverse range of investors and traders.
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