Wednesday, 3 February 2021

What are the possible outcomes from the NYAG Tether (USDT) verdict?

(I always get the feeling USDT is not discussed as much as it should be).

I thought there was going to be a verdict in January. Coingeek article says there should be a verdict this month.

Is the worse case a fine, or could there be something more which could cause it to go off the 1:1 peg like it had to 0.85 in 2018 and/or destabilize the crypto exchanges?

submitted by /u/fap_fap_fap_fapper
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source https://www.reddit.com/r/btc/comments/lbi6le/what_are_the_possible_outcomes_from_the_nyag/

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