they lunch a Patricia token(PTK)[2] pegged to USDT with a whitepaper[3] which is not listed on any exchange, if they have the USDTbank in the first place, they wouldn't launch another shitty stablecoin. Not only did they stop there.
Reading the article, they claimed that Patricia Token (PTK), a native token, aims to address users' balance issues but we know that that is total bs. They jumped the right line of communication of giving their customers the choice of using their token or withdrawing their money. I hate it when exchanges do, they bring bad name both to the fintech and crypto space. They are giving legislators and regulators more evidence to push towards the regulation.