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Whether the accusations are true or not, I wouldn't hold a single dollar in Tether after reading this on their website: > “There is no contractual right or oth
by gthtjtkt 9y ago
Whether the accusations are true or not, I wouldn't hold a single dollar in Tether after reading this on their website:
> “There is no contractual right or other right or legal claim against us to redeem or exchange your tethers for money. We do not guarantee any right of redemption or exchange of tethers by us for money.”
- brndnmtthws 9y agoI don't use tether either, but this seems like total unsubstantiated nonsense to me.
- 659087 9y agoThen you should talk to Bitfinex/Tether about it, because it's on their website. They must be spreading FUD about themselves, right?
- moduspol 9y agoSee the second paragraph of section 3 here [1]. [1] https://tether.to/legal/ https://tether.to/legal/
- deleted 9y ago[deleted]
- 0xfeba 9y agoI have an LLC I started that makes a coin (Тедер) I'd like you to use for transfers between exchanges. Here are the details: - Тедер is backed 1:1 with USD. - 800M of Тедер exists So, what is the problem? - My LLC has the USD, trust me. But I won't prove it. Because I don't have to. - Also, my terms state we make no agreement that we will honor the backing. So does that sound like something you would invest in?