Post
Topic
Board Altcoin Discussion
Re: How likely of pulling the plug
by
ScamViruS
on 28/09/2020, 19:18:39 UTC
On long term perspective, How likely is it that centralised USDT is hit by the SEC and they decide the freeze all usdt movements?

The possibility of this happening cannot be ignored. Since USDT claims they are real usd backed 1:1, but the reality behind it is something else. As much as they want to print new usdt and use this fake money in market manipulation, their dirty deeds are no longer a secret.

The SEC can take major action against them at any time, but no one can't say exactly what will happen to usdt in the future! It is your responsibility to keep your money safe, so it is not safe to hold long-term big amount USDT.