On Tuesday, January 23, Tether Ltd suspended the issue of USDT tokens. It was on that day that the mail delivered a summons from the US CFTC to the company's representatives, TrustNodes reports.
It is worth noting that for eight months prior to this date, Tether launched more than 2 billion USTD on the market - almost every week the issue increased by 100 million units, and in a few days in January, 600 million were issued.
The reason why the company stopped issuing new tokens remains unknown - it may be due to unfavorable market conditions or the investigation of the CFTC.
Recall, on January 30, the news of the court summons received by Tether and Bitfinex, brought down the price of bitcoins below $ 10,000.