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> Tether, in particular, seems to printing their stablecoins out of what appears to be thin air, Everyone keeps saying they are printing but no one has the pro
by sumedh 5y ago
> Tether, in particular, seems to printing their stablecoins out of what appears to be thin air,
Everyone keeps saying they are printing but no one has the proof. Even the New York AG investigated Tether and just gave them a slap on the wrist
- dustintrex 5y agoDo you really believe that a 10-person company run by a convicted fraudster (Devasini) is managing $78 billion dollars in assets, making them bigger than Vanguard or Schwab, despite the financial world not being able to find any evidence of what they're actually holding? https://www.bloomberg.com/opinion/articles/2021-10-07/matt-levine-s-money-stuff-looking-for-tether-s-money https://www.bloomberg.com/opinion/articles/2021-10-07/matt-l...
- deleted 5y ago[deleted]
- sumedh 5y agoIt does not matter what I belive, the NY AG looked at that gave a slap on the wrist and I dont think any other US govt agency is looking at them so what does that tell you?