[Suspicious link removed]j.com/articles/bitfinex-used-tether-reserves-to-mask-missing-850-million-probe-finds-11556227031

A cryptocurrency exchange that claims real dollars back its popular digital coin Tether raided those reserves to cover up $850 million that went missing, the New York Attorney General’s office said Thursday.

State Attorney General Letitia James said Hong Kong-based iFinex Inc., which operates the Bitfinex cryptocurrency exchange and owns Tether Ltd., has been commingling client and corporate funds to cover up the missing funds, which occurred in mid-2018 and hadn’t been disclosed publicly.

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Fuck. When everything seemed to be getting better. Tether is always a ghost under the bed...