Hedge Fund Bets Big with Short of Stablecoin Tether
bloomberg.com
bloomberg.com
“No one ever went broke underestimating the intelligence of the American public.”
https://www.investopedia.com/news/billionaire-bill-ackman-du...
If the Tether guys know they have the money and this will never happen.. might it not be good business to keep looking shady? They can buy everytime the peg goes below $1 making free money.. and sometimes a hedge fund comes by and hands them some more money risk free.