Tether, or USDT, is a currency traded on many crypto exchanges under the moniker of “stable-coin” has come in for much criticism recently (well pretty much always). With public sentiment ranging from it’s a scam to “Meh its safe because their website says so” we ask the question why leading exchanges aren’t de-listing it.
If this tweet was also the first notification to Kucoin (if they even saw it), and if not, why did Kucoin not inform their customers?
We are of the opinion that all of the above constitutes a breach of many of the terms Kucoin adheres to in order to “best serve the interests of their customers” with regards product validity and is grounds for de-listing of Tether USDT from Kucoin exchange. As we are not lawyers we cannot state our opinion as fact and would therefore be delighted to hear from those in the crypto community and from Kucoin themselves.