Tether CTO Dispels USDT Redemption FUD, Claims Singapore Has Been a Prohibited Region for Three Years. Cake Group CEO questions USDT redemption in Singapore; Tether CTO dispels FUD, clarifying historical context and prohibited regions. In a recent tweet, Julian Hosp, the Chief Executive Officer of Cake DeFi Group, expressed uncertainty about the possibility of redeeming The post Tether ToS Change Triggers Concerns About USDT Redemption in Singapore, Tether CTO Dispels FUD first appeared on The Crypto Basic .