Name: Tether Responds to Bloomberg Report, Saying It’s 'Repackaging Stale Claims as News'
Uploaded: 2021-07-26T19:51:00.000Z
Duration: 6 min 35 s
Description: Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk's Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.

CD20$1,985.960.20%BTC$73,453.150.19%ETH$2,013.080.081%XRP$1.310.13%SOL$82.080.013%

Tether Responds to Bloomberg Report, Saying It’s 'Repackaging Stale Claims as News' | CoinDesk Videos

Loading video...