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If you want to know if/when Tether will crash, look at the NYAG settlement and the moment iFinex can no longer fulfill those transparency reports. [0] That'll b
by kemonocode 5y ago
If you want to know if/when Tether will crash, look at the NYAG settlement and the moment iFinex can no longer fulfill those transparency reports. [0] That'll be your canary in the mine.
[0] https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal https://ag.ny.gov/press-release/2021/attorney-general-james-...
- wmf 5y agoIf Tether fails to satisfy their agreement the NYAG will hem and haw for two years before taking action. During that time Tether may print, say, $500B more fake money.