Of all the things to see the Tether people indicted for on HN,
it's increasing the price of Bitcoin?!
it's increasing the price of Bitcoin?!
They're linked up heavy with dirtbag fraudsters, and pedophiles.
Seems worth mentioning.
Please stop only posting hot takes and "gotchas" here. Be more substantive.
I have no idea if they are true or not, but certainly the people that believe them do not have evidence.
Tether is the crypto version of a wildcat bank. It's totally unaudited, it's owned and operated by a former plastic surgeon and others with limited experience in finance, and it's been heavily fined by the state of New York for its shenanigans. It's only a matter of time before they implode like 3AC, Celsius, FTX, Signature, etc. etc.