Post
Topic
Board Press
Re: [2018-11-20] Bitcoin-Rigging Criminal Probe Focused on Tie to Tethe
by
1Referee
on 21/11/2018, 13:46:14 UTC
I wonder if this news will exacerbate the price disparity between Bitfinex/Tether and the rest of the market. Storing money there sounds like risky business. The Justice Department doesn't mess around. I lost a lot of money last year when they took down BTC-E.

I have been telling people immediately after Bitfinex's "hack" that they should stop using that exchange, did anyone care? Nope. Even long term Bitcoiners still wire tens of thousands of dollars to Bitfinex and complain afterwards why it's not coming through when cashing out, or why they suddenly ask for 3% withdrawal fees. It's ridiculous.

People keep saying that banks are shit and they are out to work against crypto, but exchanges as Bitfinex are 100 times worse. They are the pest we'll continue dealing with for many more years to come. Poloniex is quite a joke as well, not sure how Circle was given regulatory approval to take them over with Tether on board. Doesn't it stink somehow? Roll Eyes