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Topic: effect of Tether on bitcoin price - page 2. (Read 578 times)

legendary
Activity: 2702
Merit: 4002
November 22, 2017, 02:16:32 AM
#1
what’s happen

Tether :
 
Quote
the company behind a dollar-pegged cryptocurrency widely used in the market's exchange trade
is clamming it’s system  hacked and lost/stolen $30 million tokens

The company wrote:
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"$30,950,010 USDT was removed from the Tether Treasury wallet on Nov. 19, 2017 and sent to an unauthorized bitcoin address. As Tether is the issuer of the USDT managed asset, we will not redeem any of the stolen tokens, and we are in the process of attempting token recovery to prevent them from entering the broader ecosystem."

 How you think this  will effect in bitcoin price ?

Source  https://www.coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/
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