Tether fud

[Anonymous No.29470933]

next time I see a nigger here fudding with the tether lawsuit I will rape that faggot over my wireless connection
https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit

[Anonymous No.29470973]

BSV FAGS BTFO'D HAHAHAHA

[Anonymous No.29472480]

no more black swans, lets have a steady trip to the moon like the stonks do.

[Anonymous No.29472644]

https://decrypt.co/58719/bitfinex-tether-must-stop-trading-in-new-york-and-pay-18-5-million-fine

"The Attorney General’s Office concluded, in essence, that we could have done better in publicly disclosing these events. Contrary to online speculation, after two and half years there was no finding that Tether ever issued tethers without backing, or to manipulate crypto prices,"

[Anonymous No.29473008]

>>29472644
at the same time:

https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal

>“Bitfinex and Tether recklessly and unlawfully covered-up massive financial losses to keep their scheme going and protect their bottom lines,” said Attorney General James. “Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie. These companies obscured the true risk investors faced and were operated by unlicensed and unregulated individuals and entities dealing in the darkest corners of the financial system.

>A Stablecoin Without Stability – Tethers Weren’t Fully Backed At All Times

>The OAG’s investigation found that, starting no later than mid-2017, Tether had no access to banking, anywhere in the world, and so for periods of time held no reserves to back tethers in circulation at the rate of one dollar for every tether, contrary to its representations.

I wonder what the NYAG is gonna do once they find out how banks work