3 ms·
Looks like Tether is taking the settlement as an agreement of no wrong doing and that no tether coins were issued without backing. https://tether.to/tether-and
by raiyu 6y ago
Looks like Tether is taking the settlement as an agreement of no wrong doing and that no tether coins were issued without backing.
https://tether.to/tether-and-bitfinex-reach-settlement-with-new-york-attorney-generals-office/ https://tether.to/tether-and-bitfinex-reach-settlement-with-...
- kryogen1c 6y agoLOL "Contrary to online speculation, after two and half years there was no finding that Tether ever issued tethers without backing, or to manipulate crypto prices." I like how they say "this report doesnt include wrong-doing" instead of saying "we didnt do anything wrong"
- PragmaticPulp 6y agoThey’re moving the goalposts. The issue was that they didn’t have the money at some point, but they continued operating as if they did. I’d be even more concerned if they think this is okay now. Tether isn’t useful if they’re only backed at time of issue. They also printed the majority of Tethers after this 2019 lawsuit.