Tether Exec Refutes Bloomberg, Reassures Investors Crypto Isn’t Manipulated

Leonardo Real, the chief compliance officer of Tether LLC, believes an organized campaign established by many publications is targeting crypto token Tether (USDT) and its partner banks. In an interview with Cryptonews, the Tether executive reaffirmed that its stablecoin known as USDT is fully backed by the US dollar, citing the attestation reports released by Friedman LLP and Freeh Sporkin & Sullivan, two US-based accounting firms based in New York and Washington.

Throughout the past six months, Bloomberg and independent researchers have reported that Tether was used by traders in the market to manipulate the price of Bitcoin (BTC).

Reference: https://www.ccn.com/tether-exec-refutes-bloomberg-reassures-investors-crypto-isnt-manipulated/

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