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Tether faces yet another lawsuit, this time for ‘unlawful and deceptive’ practices
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Questions around stablecoins, particularly Tether, have been knocking around in financial circles for months, for instance, are they as stable as they ought to be? A majority haveraised questions about Tether as a possible systemic risk to the cryptocurrency ecosystem.
On 9 August, Tether put out an attestation about its reserves, as a way of reassuring users that the most popular stablecoin is, well, stable. Was that reassuring? Apparently, not enough. Thereafter, a series of controversies have
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