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Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USDT (USDT). The latest wave of concerns was catalyzed by Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX. Bons wrote in a Sept. 14 X post: “[Tether is] one of the biggest existential threats to crypto as a whole. As we have to trust they hold $118B in collateral without proof! Even after the C…

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