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Commodity Futures Trading Commission and the United States Department of best bond funds to invest in now Justice, Phil Potter, Chief Strategy Officer of Bitfinex and an executive of Tether Limited, departed Bitfinex in 2018.[48] The investigation was continuing on 20 November 2018 and focusing on Tether and Bitfinex, according to bitcoin investment sites james Bloomberg.[30] Tether claims that it intends to hold all United States dollars in reserve so that it can meet customer withdrawals upon demand, though it was unable to meet all withdrawal requests in 2017.[49] Tether purports to make reserve account holdings transparent via external audit; however, Tether never produced an audit showing it had the purported reserve.[25] In January 2018 Tether announced that they no longer had a relationship with their auditor.[citation needed] About $31 million of USDT tokens were stolen from Tether in November 2017.[50] Later analysis of the Bitcoin distributed ledger showed a close connection between the Tether how e commerce company earn money hack and the January 2015 hack of Bitstamp.[citation needed] In response to the theft, Tether suspended trading, and stated it would roll out new software to implement an emergency "hard fork" in order to render all of the tokens that Tether identified as stolen in the heist untradable. 7 Ways to do Automatic Recurring Bitcoin Purchases in 2021 The live Bitcoin price today is 36,590. Launch Crypto Website to Coin Market with Help from Consulting WP..

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