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Tether CEO Paolo Ardoino Criticizes Shorting USDt Amidst Court Filings Involving Digital Currency Group (DCG)

Tether CEO Paolo Ardoino criticized the practice of shorting USDt (Tether), highlighting its resilience amidst recent court filings involving Digital Currency Group (DCG). Ardoino’s comments come in response to revelations of DCG’s alleged attempts to short Tether and its failed merger pitch to Gemini, as detailed in court documents. The filings shed light on the complexities and challenges within the digital asset sector, raising questions about market integrity and participant accountability.

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