It is all true. If you hold Tether, you are soon going to be very sorry.
It will be a lightning fast crash once people start to quit Tether because Bitfinex won't be buying back the tokens because they have no money in the vault like the said they did.
This will be the quickest run on the bank in all of history. All exchanges will block Tether in less than 60 minutes once the liquidity at the BTC side of the market goes away.
When price hits 1.02 - you know it has all started. Maybe 1.03. I am very surprised they haven't been arrested for fraud already. Clearly is is a fucking lie that $2.5Billion are backed funds.
How fucking stupid is the bitcoin community?
Once Tether crashes and the markets are flushed from that, then the Bitcoin price (and alts prices too) will rise again. But not until.