> The ability for those guys to skirt any serious investigation or attention is truly magical.
>yet will still be a "how could we have known?!" Situation once it collapses (i.e. wealth transfer complete)
"Tether is a scam" accusations are well known and has been around for years. As a quick reference, the "Bitfinexed" account (on twitter) has been around since 2017. It's certainly not comparable to FTX which seemingly imploded out of nowhere.
Going by Bitfinex'ed, FTX was a money laundering front for Tether/Bitfinex, replacing Reginald Fowler. Also supposed (though it appears purely speculation) is that FTX was killed because it was about to create its own stablecoin.
>yet will still be a "how could we have known?!" Situation once it collapses (i.e. wealth transfer complete)
"Tether is a scam" accusations are well known and has been around for years. As a quick reference, the "Bitfinexed" account (on twitter) has been around since 2017. It's certainly not comparable to FTX which seemingly imploded out of nowhere.