3 ms·
Most people don't know this but Tether and Bitfinex have the same parent company, iFinex. Bitfinex is easily the largest manipulator of BTC price and their wall
by puranjay 5y ago
Most people don't know this but Tether and Bitfinex have the same parent company, iFinex. Bitfinex is easily the largest manipulator of BTC price and their wallet holds nearly 1% of the BTC supply.
Together, they practically control the market.
Even Bitcoin maxis agree that Tether's collateral is very risky. It's a house of cards waiting to collapse.