Fraud using tether
Which college majors will guarantee you a job? The best and worst. No one is arguing the other side because there is no evidence for other side, including tether themselves.
Bitfinex sued over 850 mln fraud using tether funds.
The more you research tether and their bogus usdt, the more you will come to the same conclusion that everyone else does tetherbitfinex are a fucking fraud. Bittrex has completed switching.
This week there has been a lot more discussion in regards to whether or not tether is a fraud. An official announcement from the office of the new york (ny) state attorney general has revealed that the responsible authority is carrying out thorough investigations into ifinex, the firm behind stablecoin tether and cryptocurrency exchange bitfinex, in a purported 850 million fraud case.
Is tether committing fraud.
In summary, the two major risks to using tether are 1) regulatory risk 2) fraud naturally the second one is most one discussed most frequently lately. Controversy surrounds the digital currency tether, with many accusing the tether company of operating a fractional reserve company responds.
Personally, i restarted using tether some more, these days, as nothing bad happened during the recent storm (but always watching the news closely). Summary tether actually having the dollar reserves to back it might be a lot worse for bitcoin than if did not and the chances of this is pretty high.
The bitfinex exchange was accused by the new york attorney general of using tethers funds to cover up 850 million in funds missing since mid-2018. In the meantime, what does all this mean for tether, bitcoin, and cryptocurrency in.
Is usdt a fraud? Tether - reddit.
Mashable reached out to tether for comment on these claims, and will update this story when and if we hear back. Interface kraken delists.
Crypto exchange huobi announces. In this video, i discuss the reasoning behind these claims and why i dont view tether as safe even if it is legitimate.
If its just fud but they cant provide an audit or bank statement right now, they should at least make a public, convincing announcement explaining why.