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This isn't the "prevailing theory". This is FUD: https://www.reddit.com/r/ethtrader/comments/6yqk8i/the_truth_about_bitfinex_and_tether/ https://www.reddit.com

This isn't the "prevailing theory". This is FUD: https://www.reddit.com/r/ethtrader/comments/6yqk8i/the_truth_about_bitfinex_and_tether/ https://www.reddit.com/r/ethtrader/comments/6yqk8i/the_truth...

nosuchthing 9y ago
https://steemit.com/bitfinex/@gaitan/bitfinex-ceo-suspected-of-a-ponzi-scheme https://steemit.com/bitfinex/@gaitan/bitfinex-ceo-suspected-... Raphaelle Nicole, the CEO of Bitfinex invested in the past years in a number of ponzi schemes and also supported Trendon Shavers, who was found guilty recently for "a classic ponzi scheme" and was sentenced to 18 months in prison. In 2012, Raphaelle tried his own ponzi scheme: “When I need more coins than I have to fill an order, I will ask everyone that previously “registered” with me to lend me some btc. After 7 days, I will return all of it, principal + 2% interests [per week]…. Now the questions you might have: What could you do to make so much profit? Let just say that I do “arbitrage”: I buy low and sell high.” https://bitcointalk.org/index.php?topic=101345.0 https://bitcointalk.org/index.php?topic=101345.0 Now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize. Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here. Now, apologies on. https://www.reddit.com/r/Bitcoin/comments/666b7b/why_you_should_not_trust_bitfinex/ https://www.reddit.com/r/Bitcoin/comments/666b7b/why_you_sho... https://www.reddit.com/r/Bitcoin/comments/3igv0r/bitfinex_pretty_sure_we_are_dealing_with_amateurs/ https://www.reddit.com/r/Bitcoin/comments/3igv0r/bitfinex_pr...

nosuchthing 9y ago

https://steemit.com/bitfinex/@gaitan/bitfinex-ceo-suspected-of-a-ponzi-scheme https://steemit.com/bitfinex/@gaitan/bitfinex-ceo-suspected-... Raphaelle Nicole, the CEO of Bitfinex invested in the past years in a number of ponzi schemes and also supported Trendon Shavers, who was found guilty recently for "a classic ponzi scheme" and was sentenced to 18 months in prison. In 2012, Raphaelle tried his own ponzi scheme: “When I need more coins than I have to fill an order, I will ask everyone that previously “registered” with me to lend me some btc. After 7 days, I will return all of it, principal + 2% interests [per week]…. Now the questions you might have: What could you do to make so much profit? Let just say that I do “arbitrage”: I buy low and sell high.” https://bitcointalk.org/index.php?topic=101345.0 https://bitcointalk.org/index.php?topic=101345.0 Now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize. Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here. Now, apologies on. https://www.reddit.com/r/Bitcoin/comments/666b7b/why_you_should_not_trust_bitfinex/ https://www.reddit.com/r/Bitcoin/comments/666b7b/why_you_sho... https://www.reddit.com/r/Bitcoin/comments/3igv0r/bitfinex_pretty_sure_we_are_dealing_with_amateurs/ https://www.reddit.com/r/Bitcoin/comments/3igv0r/bitfinex_pr...