Tether's Alleged $118 Billion Scam: Insights from Europe's Oldest Crypto Fund Founder
Sunday, 15 September 2024, 07:45
Tether's Remarkable Claims
Cyber Capital's founder argues that Tether has reached a staggering valuation of $118 billion, branding the stablecoin a significant fraud comparable to FTX.
Key Insights and Market Impact
- Market Stability: Concerns raised about the stability of Tether could have ripple effects.
- Historical Context: Tether's practices are being compared to infamous crypto collapses.
- Implications for Investors: Traders need to reassess risk factors in the cryptocurrency landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.