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File: 38 KB, 730x360, what-is-tether-backed-by_2.jpg [View same] [iqdb] [saucenao] [google]
29804249 No.29804249 [Reply] [Original]

NYAG exposed them. They are far from being backed 1:1. They manipulate the market all the time.
They are now required to do an audit every 4 months, they are banned for NY, and pay 18.5 million to NYAG.
This is just one state, the crackdown is just starting. No wonder the printer has stopped.
Top is in for BTC.

>> No.29804795

>>29804249
lol k

>> No.29804856

relax anon. Use this information to your favor. Let the moonbois get rekt

>> No.29804972
File: 249 KB, 1700x956, Quattro TransAM.jpg [View same] [iqdb] [saucenao] [google]
29804972

>>29804249
Best alternative?

>> No.29804999

>>29804249
So why not just use USDC then?

>> No.29805011
File: 14 KB, 400x400, XkZ1NkLV_400x400.jpg [View same] [iqdb] [saucenao] [google]
29805011

>>29804249

>> No.29805033

>tether will fail, this time!

>> No.29805055
File: 306 KB, 1018x917, file.png [View same] [iqdb] [saucenao] [google]
29805055

>>29804249
Dear Sirs,
We have the funds.

Kind regards,

>> No.29805585

>>29804249
They didnt pay 18.5m at all, their holders did.
They simply created 18.5m worth of tokens and sold them to raise the money.
This is peak kikery.

>> No.29806957
File: 113 KB, 290x380, tetherbobo.png [View same] [iqdb] [saucenao] [google]
29806957

finally, my time to shine...

>> No.29807053

>>29805055
a+

>> No.29807381

>>29805055
This cant be real...

>> No.29807571

Fuck off Chico, no one cares about your schizo tether fud theories. Go buy xrp with the rest of your kind.

>> No.29808125

>>29804249
Who cares. USDt is a great hold. I have all my money in it. Moon when?

>> No.29808277
File: 13 KB, 225x225, 1605562576005.jpg [View same] [iqdb] [saucenao] [google]
29808277

>>29804249
The cope posting is getting out of hand.

>> No.29809209
File: 382 KB, 1200x1143, 123123.png [View same] [iqdb] [saucenao] [google]
29809209

>>29804249
NYAG NYAG, NEVER SELLING DESU!

>> No.29809289

>>29805055
Why should I care about a letter from 2 years ago when they just settled?

>> No.29809326

>>29804249
All they have to do is take all the tether, buy bitcoin, and immediately sell it for dollars. Then they will be backed 1:1. It's less fraudulent then the creation of dollars.

>> No.29809371

>>29808125
moon never you fucking retard

>> No.29809418
File: 246 KB, 643x960, 1605538930663.jpg [View same] [iqdb] [saucenao] [google]
29809418

>>29805055
>sirs