🔴 After the sudden manipulation of Tether; Three exchanges announced user compensation.
🔻 After the sharp fluctuation in the price of Tether in the Iranian cryptocurrency market and its fall from a range of 260 thousand tomans to almost 200 thousand tomans, the Valex, Nobitex, Fardafi and Abantar exchanges published messages about the status of transactions and users' assets.
🔸 Valax promised to pay the loss of the included liquidations from its resources. Novitex also announced a renewed battalion of collateral accumulation and liquidation stations and announced the conversion of unnecessary and unprofitable transactions below the price of 250 thousand tomans.
🔸 Abantar also announced that its trading infrastructure is stable and volatility from other markets has spread to this exchange.
Despite the exchange's reaction, the main reason for this unprecedented fluctuation has not yet been determined.