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Digging Deeper Into FTX Controversy
Through The Web
Is Tether a Ponzi Scheme?
"The word is on the street that Tether isn't backed to the extent it should be with US dollars," he says. "If there's a run on Tether, it's going to pretty much take... It's huge in the crypto space." He adds: "Just because the bank does something wrong doesn't mean the underlying currency is the issue"
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