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Lol the subpoena was sent LAST MONTH. Wonder what will be reported next month

http://thehill.com/policy/technology/371432-financial-regula...
Yellow orchestra pit really tough guy
  01/30/18
lolllllllllllllllllllllllllll
Rebellious alcoholic bawdyhouse
  01/30/18
flawless market manipulation, should have waited a little lo...
Rebellious alcoholic bawdyhouse
  01/30/18
Jfc buy everything now
Bateful Theater Stage Blood Rage
  01/30/18
December 6. Almost two.
Irate nibblets people who are hurt
  01/30/18
Lol people are thinking we heard about this two months ago. ...
Greedy brunch
  01/30/18
What's the significance of this? I mean besides the two mont...
boyish idiotic forum
  01/30/18
Well it’s before you called it for one thing
Irate nibblets people who are hurt
  01/30/18
It means they've been looking into it for 2 months and haven...
Rebellious alcoholic bawdyhouse
  01/30/18
The government takes much longer than that. In the meantime,...
Coiffed ivory stage idiot
  01/30/18
"What the hell's a NiggerCoin?"
Greedy brunch
  01/30/18
I wouldn't read too much into the timing. The fact that it i...
Domesticated Hell
  01/30/18
The one thing that is interesting is that they kept printing...
Coiffed ivory stage idiot
  01/30/18
If its a huge gigantic scam, why stop if you know the feds a...
Domesticated Hell
  01/30/18


Poast new message in this thread



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Date: January 30th, 2018 4:15 PM
Author: Yellow orchestra pit really tough guy

http://thehill.com/policy/technology/371432-financial-regulators-subpoena-major-cryptocurrency-exchange-and-token

The U.S. Commodity Futures Trading Commission (CFTC) sent subpoena letters last month to Bitfinex, a cryptocurrency exchange, and Tether, a company that offers digital currency that it says is tied to the value of the U.S. dollar, Bloomberg reported Tuesday.

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279101)



Reply

Date: January 30th, 2018 4:16 PM
Author: Rebellious alcoholic bawdyhouse

lolllllllllllllllllllllllllll

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279106)



Reply

Date: January 30th, 2018 4:16 PM
Author: Rebellious alcoholic bawdyhouse

flawless market manipulation, should have waited a little longer since the last wolf-cry about South Korea and would have had a bigger impact

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279110)



Reply

Date: January 30th, 2018 4:18 PM
Author: Bateful Theater Stage Blood Rage

Jfc buy everything now

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279121)



Reply

Date: January 30th, 2018 4:19 PM
Author: Irate nibblets people who are hurt

December 6. Almost two.

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279129)



Reply

Date: January 30th, 2018 4:22 PM
Author: Greedy brunch

Lol people are thinking we heard about this two months ago. If Tether was hiding this shit for two months they have their exit plan ready...

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279147)



Reply

Date: January 30th, 2018 4:25 PM
Author: boyish idiotic forum

What's the significance of this? I mean besides the two month lag in sending the subpoena and reporting on it. Maybe Bloomberg just found out and then reported it? It's still significant news. And we don't know how bfx and tether responded so that might be bad news as this thing develops. I just don't care. I'm fucking holding.

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279179)



Reply

Date: January 30th, 2018 4:33 PM
Author: Irate nibblets people who are hurt

Well it’s before you called it for one thing

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35279229)



Reply

Date: January 30th, 2018 7:26 PM
Author: Rebellious alcoholic bawdyhouse

It means they've been looking into it for 2 months and haven't found shit

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35280753)



Reply

Date: January 30th, 2018 9:31 PM
Author: Coiffed ivory stage idiot

The government takes much longer than that. In the meantime, their audit firm has dropped them. Sounds pretty bad, although I think it's somewhat overblown.

Those boomer government lawyers must be having a HELL of a time figuring out all of this shit as they go.

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35282097)



Reply

Date: January 30th, 2018 9:56 PM
Author: Greedy brunch

"What the hell's a NiggerCoin?"

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35282728)



Reply

Date: January 30th, 2018 9:43 PM
Author: Domesticated Hell

I wouldn't read too much into the timing. The fact that it is news right now means someone at the companies, or perhaps the audit firm, disclosed the existence of the investigation. Two months would be the early stages of most fed investigations.

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35282393)



Reply

Date: January 30th, 2018 9:45 PM
Author: Coiffed ivory stage idiot

The one thing that is interesting is that they kept printing USDT. Would you do that when under subpoena by the CFTC and knew you didn't have them backed up?

(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35282449)



Reply

Date: January 30th, 2018 11:03 PM
Author: Domesticated Hell

If its a huge gigantic scam, why stop if you know the feds are going to find out soon? If they are really doing what people claim, just printing fake USDT, there is no way to paper their way out of it.

Of course the other possibility you are suggesting is that they are legit and have nothing to worry about, at least from an outright fraud perspective. In this post I lay out my reasoning as to why I think Tethers could theoretically have a 1:1 backing: does any1 actually believe the tethers are adequately backed up by $$



(https://autoadmit.com/thread.php?thread_id=3876288&forum_id=7#35284533)