Market Cap
24h Vol
7054
Cryptocurrencies
82738
Markets
Cryptopolitan
2019-12-13 06:19:23

119 addresses control most of Tether supply, report

New statistics on-chain activity analysis reveals that one hundred and nineteen addresses mostly control tether supply, missing the whole point of decentralization by definition. Tether, undoubtedly the most debatable cryptocurrency in the world, has seen its share of controversies. Last month, researchers from renowned American universities, John M Griffin and Amin Shams, accused Tether and already troubled cryptocurrency exchange Bitfinex, of orchestrating the nail-biting Bitcoin bull run of 2017. Although Tether defended itself by dismissing these claims, questioning the researchers’ understanding of crypto trading, it did leave investors with a sense of betrayal. Yet again, Tether and Bitfinex stole the