Research: A paper released by professor John Griffin at the University of Texas and Amin Shams, a graduate student, revealed that Tether (USDT), a digital currency that prides itself as a stable coin in the crypto market, has some transaction patterns that “Tether seems to be used both to stabilize and manipulate Bitcoin prices,” Bloomberg reports Wednesday June 13.

The researchers claim that Tether and Bitfinex were both responsible for the increase in the price of Bitcoin in December last year when the value of the digital currency surged to almost

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