
Tether Investigation: $1 Billion in Open Interest Wiped Out by Market Flash Crash – A New Chapter in Crypto FUD?
Tether Investigation: $1 Billion in Open Interest Wiped Out by Market Flash Crash The recent market flash crash that hit the cryptocurrency markets on May 19, 2023, resulted in the wiping out of approximately $1 billion in open interest for Tether (USDT), a stablecoin that is widely used and traded within the digital asset ecosystem….