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by f0xJtpvHYTVQ88B 1506 days ago
> Tether reserves the right to refuse registration to, to bar transactions from or to, or to suspend or terminate the administration of Services, Digital Tokens Address, or Digital Tokens Wallet for or with, any user for any reason (or for no reason) at any time

> Tether reserves the right to delay the redemption or withdrawal of Tether Tokens if such delay is necessitated by the illiquidity or unavailability or loss of any Reserves held by Tether to back the Tether Tokens, and Tether reserves the right to redeem Tether Tokens by in-kind redemptions of securities and other assets held in the Reserves. Tether makes no representations or warranties about whether Tether Tokens that may be traded on the Site may be traded on the Site at any point in the future, if at all.

https://tether.to/en/legal/

2 comments

Hahaha holy shit, how has there been so much discussion about Tether that doesn't start and end citing these clauses?
crypto currencies need an FDIC

Which would defeat the point of crypto currencies