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Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex

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A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble in human history, and causing well over a trillion dollars in damages.

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Tether Accused of Fraud and Market Manipulation

A class action lawsuit against the operators of Tether and the Bitfinex exchange was ...

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