This is an extremely interesting thing to follow. On the event I attended today Tether was also discussed...and not in a positive way.
We'll find out how expensive this cleanup is for the market, if they actually turn out to have 0 USD (or at least not equal to the amount of Tethers).
Up above somebody posted a report which says Tether has about $3 billion, so we may still be safe.
But.. it's all uncertain now. Glad I don't hold USDT!