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'Next FTX' crypto giant Tether's ties to terrorists, trafficking to be exposed through campaign to take down 'Ponzi scheme'
Tether, the longtime 'U.S. dollar-backed' cryptocurrency, is being called out for connections to terrorists and human traffickers. The crypto company - which is one token per one dollar - touts itself as a 'stablecoin' that does not fluctuate in price, also making it a popular currency among bad actors seeking traceless payments, according to conservative nonprofit Consumers' Research. The consumer advocacy firm is running a multi-million dollar ad blitz highlighting Tether's alleged connections to the Chinese and Russian governments, terrorist outfits, human trafficking rings and Hamas. Tether is a 'Ponzi scheme' ... (full story)