I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
This news have not circulates. And i believe that this information should be place on examination. Because if this information is vital many people would have dispense the information by now. And op, for you to make information authentic you have to include the the source of the information to make it more reliable to the listener and also the readers as well.
i just found this news
The controversy over Tether, the company issuing the USDT stablecoin, is still ongoing, most recently the United States through a local court finally rejected the company's application to hide their money reserve records from the public.
Some time ago, Tether asked the New York City Court to prevent the public from requesting to examine documents related to the money reserves that backed the value of their stablecoins issued over the past few years. It started after the leading crypto media Coindesk asked the state to disclose the company's financial records
https://blockchainmedia.id/