UTC-05:00,Tuesday , July 16th 2019

Tether Confirmed 5.05 Bln USDT Issuance A Mistake

21:29 Saturday , July 13th 2019
As previously reported by CoinNess, the Tether Treasury issued 5.05 billion USDT and later burned 5 billion on the TRON chain, which caused a community tumult.
ZHAO Dong, a big stakeholder of Bitfinex, told CoinNess that it was a merely "a mistake."
Paolo Ardoino, CTO of Bitfinex and Tether, replied on Twitter, "Unfortunately we have to play with different toolchains across multiple blockchains and sometimes issues happen. We're working anyway to prevent this from happening in the future."
In a WhatsApp group chat, Ardoino said the company is drafting an official response to this mistake.
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