Jul 15, 06:38 PM

U.S. Debt Hits $1.15 Trillion Amid Tether's 1 Billion USDT Controversy

The United States is grappling with significant debt issues, with the cost of U.S. debt nearing $1.15 trillion, an all-time high. This situation is compounded by a $1 trillion credit card bill and a global debt increase of 40% since 2019, reaching $97 trillion. Meanwhile, Tether and Bitfinex are embroiled in controversy, with allegations of printing Tethers without dollar deposits and manipulating Bitcoin prices. Recently, Tether minted 1 billion USDT at its treasury, raising further concerns about market manipulation.

#United States #Tether #Bitfinex #Tethers #Bitcoin

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