US Justice Dept Probes Tether for Price Manipulation



The firm’s current banking partner — there have been almost too many to list — recently published a letter indicating that it was holding enough USD to cover the outstanding USDT, but some lawyers stated that the letter was written in such a way to absolve the institution, Deltec Bank, from any liability regarding its veracity.


sorry the whole thing doesn’t pass the sniff test


Tether exec refutes Bloomberg reassures investors crypto isn’t manipulated.