The fall was clear, but we also had a false recovery that then turned into a fall.
USDT's strange behavior, where did the sudden demand come from yesterday? Did the exchanges themselves make the move?
These and other questions continue to confirm the need for broader regulation and independent audits.
There is an urgent need to intervene in the process, exchanges controlling all aspects is not possible.
Imagine an oil company that built the machines, extracted the oil, refined it, made the sales and purchases, built gas stations, created fuel distributors, sold on credit when convenient, cut off supply when convenient... In short, it had total control of a market.
And that's what exchanges have today.
In the stock exchange in Brazil, we have the CVM, BOVESPA, Brokers (XP, Rico, etc.), Banks...
In cryptos...