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Tether: The story of the greatest fraud in cryptocurrency
| learning disabled electric furnace mexican | 10/28/19 | | Garnet Insane Selfie Public Bath | 10/29/19 | | learning disabled electric furnace mexican | 10/29/19 | | Garnet Insane Selfie Public Bath | 10/30/19 |
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Date: October 28th, 2019 5:30 PM Author: learning disabled electric furnace mexican
Tether: The Story So Far
October 29, 2019 in bitcoin , fintech
A friend of mine, who works in finance, asked me to explain what Tether was.
Short version: Tether is the internal accounting system for the largest fraud since Madoff.
Read on for the long version.
https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/
(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39038777) |
Date: October 29th, 2019 3:24 AM Author: Garnet Insane Selfie Public Bath
just read this off an r/ethfinance link. Hilarious article from an anti cryptocurrency zealot who literally admits to having a huge short position in the article.
Everybody knows shit like binance, bitfinex, bitmex etc. are scam casinos. The serious cryptocurrency "community" has migrated to DAI for stable coin needs. Tether is not part of the "infrastructure" at coinbase in any way.
(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39040773) |
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