DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Research Cryptonews

Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021

Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $3...

Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021
Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under management....
Read More: Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021

Original source

Read on Cryptonews

Related market context