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Tether keeps on minting as legal woes pile up

Tether doesn’t seem to be too concerned about a recent lawsuit that threatens to rock the company at its foundation. Looking at the possibility of having to defend itself against a class-action lawsuit that seeks upwards of $1.4 trillion, the company continues to carry out the very activity that brought the suit to the surface in the first place. Meanwhile, its close partner, the cryptocurrency exchange Bitfinex, is trying a new tact in order to not have to reveal documents in a separate lawsuit brought against the two companies by the attorney general of New York.

The lawsuit against Tether claims that the company has repeatedly minted USDT tokens in order to manipulate the crypto market. As news of the lawsuit surfaced, Tether did it again, minting two transactions worth 12 million…

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