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Tether Prints $5 billion worth of USDT by accident…

Yesterday Tether’s minting of 5 billion USDT was noted by the ever-vigilant Whale Alert, becoming the largest amount printed by the firm in its nascent history. This was later confirmed to be an accident, so what exactly happened?

The alert went live at approximately 11 pm (UTC) yesterday evening, stealing the immediate attention of the entire crypto community, who, along with the usual call for a market pump, had a few theories on what happened.


💵 💵 💵 💵 💵 💵 💵 💵 💵 💵  5,000,000,000 #USDT (4,996,932,524 USD) minted at Tether Treasury

Tx: https://t.co/2FzJrc3tyi


— Whale Alert (@whale_alert) July 13, 2019

pic.twitter.com/oI6UQFGu8S


— Gabor Gurbacs (@gaborgurbacs) July 13, 2019

@realDonaldTrump shit talked #bitcoin just so the gov could…

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