Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick reserves -Breaking
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A bounty of up to $1 million has been offered up to anyone who can cast light on the precise backing of Tether’s reserves.
That backing just got a little bit murker, after Celsius Network CEO Alex Mashinsky reportedly said that mints new USDT in exchange for crypto assets — which appears to conflict with Tether’s own terms and conditions.
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