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There's a lot of room for delayed fraud, same as when banks fail. Imagine I secretly remove the contents of everyone's safe deposit boxes. I get rich selling
by alisonkisk 6y ago
There's a lot of room for delayed fraud, same as when banks fail.
Imagine I secretly remove the contents of everyone's safe deposit boxes.
I get rich selling what I stole, but no one is any poorer until much later when they try to cash out their treasures and realize they are gone.
USDTether is an empty safe deposit box.
- londons_explore 6y agoMy argument is if some people aren't regularly looking in their safe deposit box, the fraud might never cause a collapse.
- hannasanarion 6y agoThe New York Attorney General is going to look into the box on January 15.