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It appears to mean they can't issue new Tethers nor can they raid the Tether reserves, but it doesn't stop trading in Tethers themselves.



Well they issued some more tethers:

https://whale-alert.io/transaction/bitcoin/0c8c22ee5cd69649f...

on the same date as this court filing. Did the court filing happen due to the new new Tether minting or was it the other way around? Or just a coincidence?




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