FTX founder’s mega mea culpa
FT News Briefing
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The Role of Tether and New Audit Ventures Amidst Sanctions
This chapter explores Tether's critical function as a reserve asset in the cryptocurrency market, particularly in its connection to traditional currencies. It also addresses recent market challenges, highlighted by Tether's price fluctuations and the rise of a new audit firm catering to clients with Russian ties amidst ongoing sanctions.
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Transcript
