Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful

Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn. Some, however, wonder how it is possible for such a large company not to be affected by any of the massive events that shook the crypto space this year. The company said in an announcement that it was "operating business as usual," claiming that,...