Bankrupt crypto firm Alameda Research is reportedly responsible for minting roughly $40 billion of Tether’s USDT, according to Coinbase director Conor Grogan. Per Grogan’s analysis, the troubled cryptocurrency trading company appears to be responsible for 47% of USDT’s circulating supply. A 2021 Protos report had pegged this amount at around $36.7 billion. Meanwhile, the crypto […]
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Alameda Research may have minted up to $40B of Tether’s USDT: Report