/biz/ - Business & Finance

>>4842765
>>4842812
>>4842899

Were you wondering how could such a large fraud be perpetrated by Tether? Surely when it all falls down people will go to jail? Well, no it just takes a nice hack and theft of coins and there's nothing you can do.

MtGox 2.0 has been inevitable, it's only a matter of time, if it's going to happen anyway... why not engineer it and profit from it?

All the tether gets stolen, now they don't need USD to back it, which they never had in the first place, and they hold billions of fraudulently obtained bitcoin.

It's already starting...
> https://www.coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/
30m dollars of tether 'stolen' today out of ~840m. It's already happening

>>4842765
Were you wondering how could such a large fraud be perpetrated by Tether? Surely when it all falls down people will go to jail? Well, no it just takes a nice hack and theft of coins and there's nothing you can do.

MtGox 2.0 has been invincible, if it's going to happen anyway... why not engineer it and profit from it?

All the tether gets stolen, now they don't need USD to back it, which they never had in the first place, and they hold billions of fraudulently obtained bitcoin.

It's already starting...
> https://www.coindesk.com/tether-claims-30-million-stable-token-stolen-attacker/
30m dollars of tether 'stolen' today out of ~840m. It's already happening