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Tether Dips Below $1 As FTX Fallout Continues To Roil Markets

by Emily Nicolle
November 10, 2022
in Business
Reading Time: 1 min read
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The issuer also sought to freeze a pile of USDT tokens, subject to an active investigation by law enforcement. The hoard, worth roughly $46 million, were in a wallet owned by FTX, crypto news site CoinDesk reported. A Tether spokesperson declined to comment on the specifics, but said the firm has open dialog with authorities including the US Department of Justice. 





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