The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
Source
Home > News > Bitcoin News > Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
Source