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> perhaps requiring the dismissal of) Tether's corporate officers That's okay, they'll just go to work for Bitfinex. Remember when the two claimed they were in
by FireBeyond 5y ago
> perhaps requiring the dismissal of) Tether's corporate officers
That's okay, they'll just go to work for Bitfinex. Remember when the two claimed they were independent? And then Bitfinex loaned Tether $800M, and we'll call the two people who signed the loan contract for Bitfinex "Corporate Officer A" and "Corporate Officer B". Meanwhile, on the other side of the contract, we'll call the people who signed on behalf of Tether uhh... "Corporate Officer A" and "Corporate Officer B".
Or they'll go work for Deltec. Whose Deputy CEO will give interviews saying that "they can see the flow of all the Tether, because we are in the system and can see every transaction". Another legit, arms-length financial relationship, evidently...