Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick rese...

Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick rese...

Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.” A bounty of up to $1 million has been offered up to anyone who can cast light on the precise backing of Tether’s reserves. That backing just got a little bit murker, after Celsius Network CEO Alex Mashinsky reportedly said that Tether mints new USDT in exchange for crypto assets — which appears to conflict with Tether’s own terms and conditions."Forensic financial research" firm Hindenburg Research....


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