In 2017 Tether was issuing unbacked Tethers. This has been confirmed as part of their settlement with the New York Attorney’s General office. As an exercise in trying to ensure that I have not become overly biased around Tether what I will attempt to do in this article is construct the best case scenario for how Tether’s business was operating.Continue reading “The Best Case Scenario for Tether’s Activities in 2017”
This story was inspired by this tweet.
“Bro, you gotta get in on this. I think I have discovered the future of finance.”Continue reading “A Conversation about the Future of Finance”
Bitfinex and Tether are perennially dishonest members of the cryptocurrency ecosystem.Continue reading “Broken Promises and Lies from Bitfinex and Tether”
Crypto Capital Corp is a licensed (in Panama (archive) [for one of the corporations]), unlicensed (My copy) (just about everywhere else) money transmitter and payment processor. They partnered with a variety of cryptocurrency companies including: Kraken, Bitfinex, Quadriga, Bitmex, Coinapault, and more. They are implicated in wire fraud, bank fraud, embezzlement, and hundreds of millions of dollars worth of money laundering for the Colombian cartels.Continue reading “What is Crypto Capital Corp?”
UPDATE: I MAKE THE CLAIM THAT BITFINEX LIED ABOUT OWNING TETHER, THIS IS TRUE BUT I WANTED TO PROVIDE ADDITIONAL CONTEXT HERE
Recently I was asked to do a guest lecture on Bitfinex and Tether. You can find it here: https://whu.cloud.panopto.eu/Panopto/Pages/Viewer.aspx?tid=f0fca2e9-f79e-4f81-b659-acd30078104e
My uploaded version:
You can find the slides here.
You can find the references here.
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