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comment by ilex
ilex  ·  1622 days ago  ·  link  ·    ·  parent  ·  post: "If it's not Bitfinex, it's somebody they do business with very frequently."

"the company revealed in a court filing that tether was only 74% backed by reserves"

Given a total supply of 4,207,771,504 USDT, that's a bit over a billion dollars they've printed out of thin air.





kleinbl00  ·  1622 days ago  ·  link  ·  

...and sold.