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It's a sidenote, but part ("Act") 1 has a strange structure. They start off with Tether doing dodgy business and most likely being insolvent (a very good and so
by Sebb767 4y ago
It's a sidenote, but part ("Act") 1 has a strange structure. They start off with Tether doing dodgy business and most likely being insolvent (a very good and sound point), but then end with
> Tether’s most public executive, CTO Paolo Ardoino, uses a Twitter avatar that seems to be a pear with the face of the Joker.
and
> His wife, Claudia Lagorio, began working at Bitfinex as a Mobile Application/Frontend Developer in 2016. Three years later, she was appointed Chief Operating Officer of both Bitfinex and Tether.
Those are extremely weak claims. The latter is at least a meager allegation of nepotism, although, without more context, it's really not that strong. The avatar, on the other hand, is a distraction at best. Ending the paragraph on those claims makes the argument appear a lot weaker, if not even disingenuous.
- notahacker 4y agoAgree with you on the Joker avatar being pretty irrelevant, but there's a bit more than just nepotism implied a growth-stage financial services company trading billions in assets which had already experienced serious regulatory and fund loss problems deciding the C level appointment their operational issues needed was someone with no prior finance experience but plenty of reason to be loyal to the founders who'd been hired a little earlier to implement the UI for their app. Even in the hacker-founder world of Silicon Valley, that would be an unusual promotion path, for a troubled company in a regulated field like finance it's a red flag...
- ShamelessC 4y agoIt is written in the form of a casual blog post. Really, all he is saying is that he doesn't respect these people on a personal level and "knows the type" (or what have you). If you disagree, that's fine, but if you want a more formal type of discourse, pay some journalists. It also _does not_ strike me as "weird in context", but I guess you're just hoping people don't actually read the thing (which, fair enough - no one does here).