/biz/ - Business & Finance

You were warned what, 5 days ago?

>>25819446
Correct.

>>25817746
Yes. Institutional rugpull imminent

>>25816389
Chinks are going to rugpull soon. You read pic related right?

>>25794506
perhaps it has to do with the fact that Deltec is owned by Bitfinex which is Tether's partner

so, the funny part about all this is that as Tether prints billions out of thin air, that liquidity has been used by exchanges (Bitfinex, Binance, Huobi, Poloniex) to inject liquidity into the markets at key points, manipulating the price for many different cryptos but mainly BTC and ETH, and then those exchanges sell their holdings when the price has 2x-3x'd. All of this is laundered through shady banks, most recently Deltec, which is owned by Bitfinex. All of this is in this lawsuit,
https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

Bitfinex and Tether are getting hit with RICO charges and will crash completely. Because Tether makes up a huge amount of the volume in crypto (not just BTC) the market will take a dive, probably beginning this week. The current dip is not going to stop and 30-50% decreases in BTC, ETH and other digital assets would be a conservative estimate. Switch your investments to USDC or XRP XLM and ALGO (which have not been pumped with Tether and which will be the backbone of the coming CBDC-based digital economy) if you want to survive.

I understand that the people who are being paid to post in favor of Tether right now might be receiving a pretty good salary to do so, but I wonder if it's really worth it? Convincing people not to cover their investment when a crash is inevitable, which will potentially lead to the loss of savings, just so a few billionaires can cash out without consequences, is incredibly unethical and will lead to bad karma across the board. what goes around comes around, shills

And to everyone curious about whether the concerns about Tether are real or FUD, i encourage you to read this lawsuit or at least skim the table of contents

https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

https://www.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.154.0.pdf

>>25777626
Paolo cronies getting paid in yuan to damage control on /biz/

>>25776668
its all going down

>>25776191
Tether is a chink money washing scam, exchange rugpull imminent.

>>25768562
Not sure if trolling but Tether is 100% on the erc-20 Etherium network. Tether is the #1 crypto by daily volume (even the volume shown is fabricates, as washtrading goes on).
When tether disappears, exchanges run out of liquidity and halt trading and withdrawals. They won't let users withdraw and the assets will get seized by the Feds and the CCP. For that to happen, you assume the average JoeBlow knows how Etherium works outside exchanges and how to swap it on uniswap with a dex wallet plugin.

>>25746757
Tether redpills: Bitfinex is a shady company, read their wikipedia, they've scammed customers out of billions and they own Tether. They are based out of Hong Kong and print unbacked cash and send it to their Chinese exchange partners like Binance and Huobi who tradewash it and manipulate the market. This is great isn't it? No:

1) This will bankrupt exchanges at the day of the reckoning because tether was 5% of all liquidity in 2017 and is now over 70%. It's the #1 crypto by volume and that stat is faked as cz bought coinmarketcap to manipulate the stats.
2) When the exchanges go bankrupt, the Chinese Communist Party will seize all bitfinex and binance assets and walk away with control over most of the world's BTC. Millions of people will never see their money again.

Enjoy the ride while it lasts and read pic related.

>>25742495

>>25741485
Exhibit B

>>25738732
Tether Chink shills are in overdrive promoting their scam here while secretly liquidating billions. If the SEC/FBI need helpful bookmarks start here:

https://bitinfocharts.com/bitcoin/wallet/Bitfinex-coldwallet
https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7#tokenAnalytics
https://etherscan.io/address/0x742d35cc6634c0532925a3b844bc454e4438f44e#analytics
https://etherscan.io/address/0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be#analytics

>>25738120
Bitfinex about to exitscam this week

Redpill in pic related.

>>25737509
Read pic related and withdraw all your cash from exchanges or you'll get scraps on a settlement fund in 2025 when they're all in jail.