According to Foresight News , in response to the Cake Group CEO's remarks that "Tether has modified its terms of service and restricted Singapore users from redeeming USDT for US dollars." Paolo Ardoino, Tether's chief technology officer, said that Tether updated it as early as May 2020. The terms of service clearly indicate that Singapore is not within the jurisdiction where services can be provided.
Tether CTO: Singapore has not been within the scope of services provided by Tether a few years ago
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