4 ms·

It would be better to confiscate Tether's entire reserve, force them to allow tether holders to cash out (for fractional amounts), and punish the execs directly

• nickff 5y ago
  That would make sense to me, though it may be possible (and less disruptive) to allow tether to continue under new management.
  • Hamuko 5y ago
    This sounds a lot like letting Bernard L. Madoff Investment Securities LLC to "continue under new management" in order to be less disruptive.
    • nickff 5y ago
      Madoff’s fund was insolvent; I am not sure whether the same is true of Tether. There’s no need to liquidate a solvent entity.