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Bitcoinist
2022-06-29 16:00:12

Response From Tether CTO On Reports Of Shorting USDT By Hedge Funds

Response From Tether CTO On Reports Of Shorting USDT By Hedge Funds

Newly surfaced reports revealed that some hedge funds are now shorting Tether USDT. A Monday report from the Wall Street Journal (WSJ) stated several opened short positions on USDT. According to the report, a leading crypto brokerage, Genesis Global Trading Inc., held some notional values worth hundreds of millions for USDT shorting. The firm is […]

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