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> Tether is currently being traded around 99 cents

Tether's "market price" is manipulated. People cannot exchange tether for dollars without jumping to another exchange.




Kraken, a US based exchange trades tethers for dollars. This is plainly incorrect.

https://trade.kraken.com/markets/kraken/usdt/usd


The price there seems to be sliding... currently showing $0.972.


Kraken has no volume. If a player were to sell 50 mill it wouldn't find a buyer.

There are billions of tethers in circulation.




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