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Paolo Ardoino

Hedge Funds Are Shorting USDT – Tether CTO Responds

Traditional Hedge Funds Are Trying To Short USDT, Says Tether CTO

Paolo Ardoino, Tether’s CTO, opens up about attempts at a coordinated attack by traditional hedge funds trying to short USDT. Ardoino wrote about the details in a

Leon Marshall

Leon Marshall, head of institutional sales at Genesis Global Trading, claims that traditional hedge funds shorted Tether through his brokerage. He said that the relevant

Hedge funds co-ordinate short selling attack on USDT, Tether CTO

Crypto brokerage Genesis has seen a “real spike in the interest from traditional hedge funds who are taking a look at Tether (USDT) and looking to short it,”

Tether

He alleged that hedge funds have been trying to create pressure “in the billions” to “harm Tether liquidity” with the aim of eventually buying back tokens at a much

'Coordinated' Attacks: Tether CTO Confirms Crypto Hedge Funds

Tether's CTO Paolo Ardoino has confirmed that cryptocurrency hedge funds and traders have been trying to short the U.S. dollar-pegged stablecoin Tether following the

It Was Recently Reported That

Why Hedge Funds are Losing Money Shorting USD₮ - Tether

It was recently reported that several traditional hedge funds have joined hands with retail traders to bet against USDT. These hedge funds are spending millions of

The simple fact that hedge funds view Terra’s collapse as a constructive thesis to short USD₮ represents the asymmetric knowledge gap between cryptocurrency

Tether

Tether calls thesis behind USDT short-selling ‘flat out wrong’

Tether, issuers of the USDT stablecoin, criticized hedge funds for shorting the cryptocurrency saying that the bearish bets have failed to pay off and are not worth the huge

Tether to Hedge Funds Shorting USDT: Strategy Failed, 'You Made

Tether CTO Affirms Hedge Funds Tried to Short USDT - Crypto