Express

Tether Calls Market Manipulation Claims “Reckless And False”

Ramsey Baker

Summary: Tether is once again dismissing allegations that it has been utilizing its USDT stablecoin to manipulate Bitcoin’s (BTC) price. According to a report from Cointelegraph on Feb. 28, iFinex, the firm behind Tether, claims that the accusations in the market manipulation lawsuit against the firm are “reckless and false.” A lot of the accusations facing ...

Tether is once again dismissing allegations that it has been utilizing its USDT stablecoin to manipulate Bitcoin’s (BTC) price.

According to a report from Cointelegraph on Feb. 28, iFinex, the firm behind Tether, claims that the accusations in the market manipulation lawsuit against the firm are “reckless and false.”

A lot of the accusations facing Tether are based off the academic paper “Is Bitcoin Really Un-tethered?” by John M. Griffin and Amin Shams. The paper stated that Tether influenced Bitcoin and other cryptocurrency prices during the 2017 boom.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Tether Calls Market Manipulation Claims “Reckless And False”   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 5 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 6 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 13 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.