This is the most unfair thing ever. If there's a loss, all $USDT holders bear the risk. If there's a profit, it's Tether's. Ever since the Genius Act passed last August, I stopped holding $USDT and only hold $USDC now. Once you understand the risk and reward exposure of $USDT, you'll realize that holding $USDT means you're the one getting rekt. From a long-term perspective, Tether's actions are bound to blow up eventually— it's just a matter of when. Look at Buffett's example of the Long-Term Capital Management collapse for reference.