The Curious Case of the 5bn USDT Misprint by Tether

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TheMerkle Tether Bitfinex USDTIt has been at least a full week since the latest debacle involving Tether and USDT got some attention. This long wait is now over, by the look of things, as the company successfully printed $5bn USDT in quick succession, prior to burning the majority of these tokens shortly after. Speculation is running wild as to what has been going on exactly and why this was even possible in the first place.  The 5bn USDT Inflation by Tether There are dedicated Twitter accounts which keep track of any unusual development affecting the world’s leading cryptocurrencies, tokens, and assets. The Whale_Alert

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