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Tether: The story of the greatest fraud in cryptocurrency
| Sienna Indian Lodge Son Of Senegal | 10/28/19 | | Olive Cowardly Sweet Tailpipe | 10/29/19 | | Sienna Indian Lodge Son Of Senegal | 10/29/19 | | Olive Cowardly Sweet Tailpipe | 10/30/19 |
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Date: October 28th, 2019 5:30 PM Author: Sienna Indian Lodge Son Of Senegal
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: Olive Cowardly Sweet Tailpipe
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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