3 ms·
Presumably they short the shit out of Tether and related stablecoins before they release the information they get. It's certainly for their own gain.
by b9a2cab5 5y ago
Presumably they short the shit out of Tether and related stablecoins before they release the information they get. It's certainly for their own gain.
- toomuchtodo 5y agoAs qeternity pointed out in a comment [1], you want your trade to play out in a dollar denominated, clearinghouse backed financial product. You don't bet against the house in their casino (crypto exchanges), such as shorting tether. [1] https://news.ycombinator.com/item?id=28794377 https://news.ycombinator.com/item?id=28794377 (not investment advice, educational purposes only)
- WalterSear 5y agoI would hazard they are planning to target the BTC Futures ETF that opened this morning.