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by wc- 2589 days ago
Tether has maintained $1, tether redemptions are smooth, bitfinex premium over market has returned to ~0% and was even at a discount during the push up through $7200. There are serious problems ahead for Bitfinex legally, but bitfinex is not leading the price action and is certainly not driving up prices.

Source: Work in the space every day at an algo/automated prop trading and market making firm.