Quote from: vit05 on April 25, 2019, 10:08:40 PM

https://www.wsj.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 Generals 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 hadnt been disclosed publicly.

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

Haha! So that is why btc and eth go plunging down. You are right that this a good timing for those bastards and I'm sure bankers are behind it. Who know if they already have known these for a while and just waiting for the perfect timing to release this huge FUD which is when btc is on the start of its bull run.

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