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Tether beforehand made the same announcement after shedding in court docket twice when trying to dam a June 2021 FOIL request filed by CoinDesk. That request pertained to paperwork produced in the course of the New York Legal professional Basic’s inquiry on allegations that USDT, the U.S. dollar-pegged stablecoin that Tether points, was not sufficiently backed by reserves from mid-2019 to early 2021, settling costs with the corporate on the finish of that interval.
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