News Archives — THODEX

What’s going on with Tether (USDT)? The Fake Stablecoin

by staffNews May 10, 2022May 10, 2022No Comments

Tether is once again a controversial topic. Simply put Tether (USDT) is not a stablecoin. Tether is marketed as a stablecoin that is designed to be pegged to the US dollar at a ratio of 1:1. Yet the value of Tether at times has been below the 1:1 pair as claimed by Tether limited, the …

Thodex Trial Officially Started in Turkey

by thodexNews May 5, 2022No Comments

The case against Thodex, the cryptocurrency money exchange that has harmed thousands of users, is now being heard. Twenty-one individuals, including the fugitive CEO of the business, Faruk Fatih Ozer, are on trial in this case. It is a trial for 21 of them, including Faruk Fatih Ozer, the company’s CEO who is wanted for …