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Even if tethers are backed 1:1, the level of secrecy about the details means it's hard to believe there isn't something illegal going on around them. By holdin
by blocksceptic 9y ago
Even if tethers are backed 1:1, the level of secrecy about the details means it's hard to believe there isn't something illegal going on around them.
By holding tethers, best case scenario, you're exposed to a significant risk that the underlying USD is eventually seized.