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Peter Schiff accuses Tether of manipulation following its recent Bitcoin purchase

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Summary
Nutrition label

50% Informative

Renowned economist and Bitcoin critic Peter Schiff has come for the USDT issuer Tether .

He accused the crypto firm of manipulation following its recent 7,629 BTC purchase.

Peter Schiff also asserted that the firm prints USDT out of thin air to purchase BTC.

He added that this will not end well for Tether or Bitcoin .

Schiff’s remarks add to the FUD surrounding the stablecoin issuer.

VR Score

23

Informative language

7

Neutral language

40

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

detected

Time-value

short-lived

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