I can't find a link to the paper not here nor in other websites. Is this correlation passing as causation? OTOH, this: "will be surprised to learn investors ha

I can't find a link to the paper not here nor in other websites. Is this correlation passing as causation? OTOH, this: "will be surprised to learn investors handed over billions to people they didn’t know and who faced little oversight" will surprise nobody. It's exactly the reason why BTC was created edit: I see the paper now https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066 "First, following periods of negative Bitcoin return, Tether flows from Bitfinex to Poloniex and Bittrex, and in exchange, Bitcoin is sent back to Bitfinex. Second, when there are positive net hourly flows from Bitfinex to Poloniex and Bittrex, Bitcoin prices move up over the next three hours, resulting in predictably high Bitcoin returns. The price impact is present after periods of negative returns and periods following the printing of Tether, that is, when there is likely an oversupply of Tether in the system. This phenomenon strongly suggests that the price effect is driven by Tether issuances" I don't see if the researchers checked to see whether the wallets used were exchange wallets, and what happens to the coins exchanged. It could easily be bot actions that purchase altcoins when bitcoin is going down (poloniex having more altcoins than bitfinex), or just plain arbitrage bots. Is this evidence considered solid? It seems flimsy