Bastion Trading

  • Tether’s Recent USDT Minting and Transfer to Bastion Trading

    According to reports, according to Lookonchain monitoring, in the past two days, Tether has minted 3 billion USDTs on Tron and Ethereum. Among them, the address Theskycomber.eth related to Bastion Trading has received 135.3 million USDTs from Tether’s treasury in the past two days and transferred them to Coin Security. After receiving 135.3 million USDTs from relevant addresses of Bastion Trading, all of them were transferred to Binance Analysis based on this information:Tether, a stablecoin pegged to the US dollar, has recently minted 3 billion USDTs on the Tron and Ethereum networks, according to reports from Lookonchain monitoring. This move by Tether has raised eyebrows in the crypto community, as it has been speculated that Tether’s USDT is not backed by actual US dollars, as the company has claimed in the past. One address that has received a significant amount of USDT in the past two days is Theskycomber.eth, which is related to Bastion Trading. Bastion Trading is a Hong…

    03/17/2023
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