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Hedge funds vs. Tether: traders are actively shorting USDT after the collapse of UST
The Terra USD crash did not go unnoticed for other stablecoins pegged to the US dollar. Thus, hedge funds oriented to the cryptocurrency market are seeking to intensify the sale of Tether. The total amount of available offers is hundreds of millions of dollars. How investors reacted to the satirical videos of the US SEC
The US Securities and Exchange Commission videos stirred up social media. On May 31, 2022, the SEC launched a social campaign on investment in the format of game shows. However, investors reacted quite aggressively to the rhetoric of the government agency, as evidenced by numerous negative and sarcastic comments on social media. Coin Center initiates case against Department of the Treasury for violating civil rights
The non-profit human rights organization Coin Center filed a lawsuit against the US Department of the Treasury. According to the group’s representatives, the Infrastructure Investment and Jobs Act violates civil rights and leads to spying for the benefit of the government. Well-known programmers and scientists have joined crypto antagonists in the USA
American crypto antagonists attempted to attract the attention of politicians and the public. An open letter from a team of 26 developers, scientists, and opinion leaders appeared on the web and was sent to the US Congress leaders and committee chairpersons. The authors urge them to be skeptical of web3 and resist the actions of crypto industry lobbyists. SEC chairman reminds investors of cryptocurrency risks
With TerraUSD and LUNA falling, US Securities and Exchange Commission (SEC) chairman Gary Gensler again addressed investors with a stronger message regarding digital currencies. He continues to categorize crypto assets as speculative and reminds of the lack of protection for holders. Compass Mining to sell mining equipment to steer clear of sanctions
The American Texas-based company is set to sell mining equipment worth $30m in Siberia, Russia. As the sanctions imposed by the US and the rest of the world against Russia pile up, cryptocurrency companies seek ways to exit the sanctioned state. 












