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Tether (and the others) don't have to make redemptions. People attempting to repeated find there are sudden issues with the network, or the oddly need to re-ve
by headsoup 4y ago
Tether (and the others) don't have to make redemptions. People attempting to repeated find there are sudden issues with the network, or the oddly need to re-verify themselves (and fail) repeatedly, or some other random issue occurs. Binance is doing this heavily right now (and recommending people use P2P, which also fails).
- ETH_start 4y agoDo you have a source for this? The idea that Bitfinex consistently uses technical issues as an excuse to prevent redemptions is speculation and hearsay. You'd think the anti-Tether conspiracy theorists could provide solid evidence for an alleged $68 billion scam.
- headsoup 4y agoBut of course, the large numbers of users on reddit, twitter etc complaining of such issues is just a bot army organised by anti-Tether 'FUDders' to spread mistruths. Bitfinex don't do that because you can't withdraw directly from them...
- ETH_start 4y agoCan you give me some examples of people complaining about this? And I'm not talking about people sharing hearsay. I mean people reporting that they can't redeem their USDT for USD.
- evdubs 4y agoYou can withdraw your money from Bitfinex. Crypto, USD, whatever is shown in their fees section. https://www.bitfinex.com/fees/#withdrawal-table https://www.bitfinex.com/fees/#withdrawal-table