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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29483040

DEFINATIVE TETHER BREAKDOWN Anonymous Tue Feb 23 10:40:40 2021 No.29483040 [Reply] [Original]

>Back on 1/20 Tether had to prove to the NYAG that their USDT was backed 1:1 or else it becomes a federal RICO trial
>on 1/20 they manage to kick the can down the road to today
>today the case is over with 3 major takeaways
1: NYAG found that USDT has been completely unbacked dating back to 2017 and as recent as 2020
2: Tether now has to regularly report audits to the NYAG
3: All USDT trading banned in New York
>NYAG has enacted their FULL power by banning USDT in NY and requiring audit reports
>The next audit NYAG pulls on USDT will find that they are unbacked still (they never had the assets to begin with)
>This event will trigger the original 1/20 conditions, case elevation to federal RICO. gg no re

This is enormously bearish.
It's not over.
USDT is on borrowed time, or they enjoy being dragged into court and are just playing games.
You decide.

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

>>	Anonymous Tue Feb 23 10:41:24 2021 No.29483097 >>29483040 imagine the smell

>>	Anonymous Tue Feb 23 10:41:30 2021 No.29483105 Sweet vishnu look at the toilet on that

>>	Anonymous Tue Feb 23 10:41:31 2021 No.29483108 >>29483040 she was made for the BBC, deal with it white bois

>>	Anonymous Tue Feb 23 10:42:50 2021 No.29483195 >>29483108 She was made for BSC and is invested in $BRY you disgusting low IQ parasite

>>	Anonymous Tue Feb 23 10:44:08 2021 No.29483301 >>29483040 This one was truly built for BBC. No other way around it.

>>	Anonymous Tue Feb 23 10:44:55 2021 No.29483374 >>29483108 Based and true

>>	Anonymous Tue Feb 23 10:45:36 2021 No.29483425 black boys only

>>

Anonymous Tue Feb 23 10:46:04 2021 No.29483468
File: 14 KB, 232x246, 1424296557239.jpg [View same] [iqdb] [saucenao] [google]

>>29483097
>>29483105
>>29483108
>>29483195
>>29483301
>>29483374
I hope you guys are built for the BBC too because you'll need the extra revenue when you're stuck holding BTC bags

>>	Anonymous Tue Feb 23 10:46:16 2021 No.29483487 >>29483108 Reminder these posts LITERALLY come from a sad autistic discord.

>>	Anonymous Tue Feb 23 10:47:18 2021 No.29483589 >>29483040 Built for BBC (Big Black Cock)

>>	Anonymous Tue Feb 23 10:47:26 2021 No.29483598 >>29483108 Yes, she was made for the Big Based Caucasians.

>>	Anonymous Tue Feb 23 10:49:03 2021 No.29483758 >>29483108 >>29483374 ok chang

>>	Anonymous Tue Feb 23 10:50:24 2021 No.29483882 Theres 50 states right?

>>	Anonymous Tue Feb 23 10:51:13 2021 No.29483963 >>29483040 Shills will disagree.

>>	Anonymous Tue Feb 23 10:51:53 2021 No.29484009 >>29483040 >2: Tether now has to regularly report audits to the NYAG >3: All USDT trading banned in New York Huh? Why would they report to NY authorities if they don't do business in NY?

>>	Anonymous Tue Feb 23 10:52:26 2021 No.29484050 BUILT FOR BBC

>>	Anonymous Tue Feb 23 10:53:23 2021 No.29484131 File: 7 KB, 261x193, 1613182093022.png [View same] [iqdb] [saucenao] [google] >>29483040 BBBRAAAAAAAAAAAAAAAAAAAAAPPPPP >imagina el olor

>>	Anonymous Tue Feb 23 10:53:38 2021 No.29484143 joy rushton

>>	Anonymous Tue Feb 23 10:54:44 2021 No.29484226 >>29483758 tfw chang tfw hate niggers just as much as you guys bros, please it's not us i swear the world would be a better place if it were just whites and honorary aryans

>>	Anonymous Tue Feb 23 10:56:32 2021 No.29484373 >>29484050 Big Based Caucasians. I get it, Ibrahim. Here, have some rap: https://www.youtube.com/watch?v=5sGCagr4sOA

>>	Anonymous Tue Feb 23 10:58:47 2021 No.29484541 >>29484226 turn into a trap and youll be spared

>>	Anonymous Tue Feb 23 11:00:45 2021 No.29484672 >>29484541 i'm too tall to be a trap i'm a 6'4 lanky chang

>>	Anonymous Tue Feb 23 11:02:03 2021 No.29484766 >>29484226 This is true. Mainly jewish trannies posting bbc stuff. And that one hapa eurasian tiger or w.e. who gets all changs blamed. >>29484541 Oh hey, speak of the kike tranny and it shall appear.

>>	Anonymous Tue Feb 23 11:02:42 2021 No.29484813 >>29484672 lol no you aren't. I AM 6'3 and I mog 99% of people I see daily. Never seen a chink taller than 5'8. You already sound feminine as fuck based on your last post

>>	Anonymous Tue Feb 23 11:03:41 2021 No.29484887 File: 24 KB, 700x393, veve.jpg [View same] [iqdb] [saucenao] [google] >>29483040 That ass has to be fake, or it's the best I've ever seen.

>>	Anonymous Tue Feb 23 11:04:14 2021 No.29484923 >>29483108 >She oh anon I have bad news...

>>	Anonymous Tue Feb 23 11:04:22 2021 No.29484943 >>29484009 Because now they have to prove to state on regular basis that they are not doing any business with any NY customers. And if they fail to do that or if they will keep maintaining business with any NY residents - they are fucked.

>>	Anonymous Tue Feb 23 11:04:27 2021 No.29484946 >>29484813 stupid kike nigger https://en.wikipedia.org/wiki/Yao_Ming i am 6'4" btw

>>	Anonymous Tue Feb 23 11:05:02 2021 No.29484994 >>29484923 Yup Thats a man

>>	Anonymous Tue Feb 23 11:05:09 2021 No.29485003 Sniff snaff SMACK

>>	Anonymous Tue Feb 23 11:08:11 2021 No.29485243 >>29484946 I'm talking about regular chinks in the street. a 6"3 is pretty common amongst white males, the average is 5'11. The average chink is 5'7.

>>	Anonymous Tue Feb 23 11:08:22 2021 No.29485259 >>29483468 I sold a week ago

>>	Anonymous Tue Feb 23 11:16:53 2021 No.29485896 >>29485243 >6"3 is pretty common amongst white males >the average is 5'11 Contradictory statements.

>>	Anonymous Tue Feb 23 11:24:13 2021 No.29486404 >>29485243 idk if you've ever been to straya but the cunts here seethe when they get mogged by a chink i get mean mogged all the time for just being taller than them

>>	Anonymous Tue Feb 23 11:28:43 2021 No.29486775 >>29483040 why post an ethot