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The leading “stablecoin” is no longer backed by $1 for every coin

The leading “stablecoin” is no longer backed by $1 for every coin

A New York judge has ordered Bitfinex, a cryptocurrency exchange that shares a parent company with the “stablecoin” Tether, to turn over a bunch of documents to New York Attorney General Letitia James. James announced the order in a Thursday press release. She also unsealed her office’s legal filings requesting the order.








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