662. Tether Under Attack | USDT CTO Blames Hedge Fund Short Sellers
Jun 29, 2022 ·
38m 42s
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Description
Paolo Ardoino, the chief technology officer (CTO) of Bitfinex and its stablecoin Tether (USDT), has reacted to reports that traditional hedge funds have joined retail traders in shorting USDT. The...
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Paolo Ardoino, the chief technology officer (CTO) of Bitfinex and its stablecoin Tether (USDT), has reacted to reports that traditional hedge funds have joined retail traders in shorting USDT. The Wall Street Journal (WSJ) reported Monday that a growing number of hedge funds had opened USDT short positions, worth hundreds of millions” of dollars in notional value, with Genesis Global Trading Inc., a leading crypto brokerage for professional investors, in the past month.
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#Tether #crypto #cryptocurrency
~Tether Under Attack | USDT CTO Blames Hedge Fund Short Sellers~
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~This episode is sponsored by Bybit & iTrust Capital~
Receive up to a $4,450 Bonus upon depositing & signing up to Bybit.
Join Now! - https://bit.ly/BybitPBN
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
#Tether #crypto #cryptocurrency
~Tether Under Attack | USDT CTO Blames Hedge Fund Short Sellers~
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Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Crypto Power Index Beta Access ➜ https://bit.ly/CryptoPowerIndex
Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON
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