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Bitcoin [BTC]: Tether [USDT] debacle causes massive spread between Bitfinex and other exchanges

Bitcoin [BTC]: Tether [USDT] debacle causes massive spread between Bitfinex and other exchanges – AMBCrypto

Bitcoin’s bullish swing was stopped in its tracks by last week’s Bitfinex-Tether controversy. The New York Attorney General announced on April 25 that the cryptocurrency exchange lost $850 million and covered up the same with their stablecoin Tether [USDT].