Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using a thesis that is “incredibly misinformed” and “flat out wrong.

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price. Tether chief ...

With the U.S. Securities and Exchange Commission (SEC) seemingly committed to burning the earth and salting the fields of the cryptocurrency industry, the stablecoin tether (USDT) could face serious ...