Is Alameda Research Trying to Short USDT? Here's The Truth

The crypto markets have become more volatile ever since the problems with the FTX exchange and Alameda came to light. Extreme panic was felt in the market as Bitcoin and all the other major cryptocurrencies hit fresh yearly lows. However, heads turned when the leading stablecoin Tether(USDT) depegged, with a strong bearish wave dominating the market.