Im hodling my bitcoin but a mentor of mine and this is not fud states things are positive but we are in a bubble. His words watch what happens in bitfinix. Any thoughts on what he is implying ?
I've felt like Bitfinex was a black cloud over Bitcoin ever since the 2016 hack and subsequent token/security offering. A ticking time bomb. The fact that they were effectively blacklisted by the US banking system 6 months ago should not be ignored.
Consider that in January, the US government indicted BTC-e under seal. One of two charges was operating as a money service business without a license --- something Bitfinex is guilty of for several years. Two months later, Wells Fargo blacklists them from the banking system. Why? I don't know, but with all the shadiness around Tether's inflation, the oddly quick repayment of the BFX debt tokens, the banking blacklist, and the fact that the US government seems to be "cleaning house"..... I would be very careful trusting funds to Bitfinex.