The U. S. judicial authorities are currently investigating the executives of the stablecoin operator called Tether. They’re being blamed for bank fraud. The US judiciary suspects that Thether kept the banks secret that they were involved in transactions involving cryptocurrency. However, this accusation could have consequences for the stablecoin market. Trust in the stablecoin market could be greatly reduced by the indictment, which could have a negative impact on the entire cryptomarket.
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