Category: Tether/Bitfinex

Raphael Nicolle and the Founding of Bitfinex

Raphael Nicolle is the founder of Bitfinex. Before that he had an interesting path. By day a helpdesk technician, during his free time Raphael became active under the account 'unclescrooge' on BitcoinTalk. From this account he makes some interesting posts, including occasional climate change denialism, saying he would invest in illegal businesses, and at least … Continue reading Raphael Nicolle and the Founding of Bitfinex →

My Appearance on The Blockchain Debate podcast with Larry Cermak and Patrick McKenzie

You can find it here. I had a ton of fun recording this podcast, however, due to time constraints I was not able to get to all my notes on whether or not Tether acts in good faith. I would like to summarize a few of the things I was not able to get to … Continue reading My Appearance on The Blockchain Debate podcast with Larry Cermak and Patrick McKenzie →

A List of Funds/Companies who Fundraised Through Havelock Investments

NOTE: THIS MAY BE UPDATED OR CHANGED AS I DEVELOP A BETTER PICTURE OF OWNERSHIP OF THESE COMPANIES, UPDATES WILL BE LABELED AS SUCH. Havelock Investments was an early platform in the cryptocurrency space that allowed for a variety of companies to fundraise. Havelock Investments was purchased by the Panama Fund, S.A. in 2013. The … Continue reading A List of Funds/Companies who Fundraised Through Havelock Investments →

An Introduction to the Tether/Bitfinex Controversy

I RECENTLY RE-WROTE AND RE-WORKED THIS ARTICLE, YOU CAN FIND THE IMPROVED VERSION HERE. https://bennettftomlin.com/2021/08/08/tether-and-bitfinex-introduction/ https://anchor.fm/s/297d9b4/podcast/rss https://youtu.be/1bWegLXn7Mc Bitfinex is one of the historically largest Bitcoin exchanges and Tether is by far the largest stablecoin. Each potentially has significant influence over the industry on their own, and their interconnectedness makes this more of a concern. However, … Continue reading An Introduction to the Tether/Bitfinex Controversy →

Analysis of the New York Supreme Court Remittitur in the Tether and Bitfinex New York Attorney General Cases

UPDATE: This was refiled presumably as part of the formal movement from the Supreme Court back to trial and the actual decision came down in July. Thank you to Rob Stevens for reminding me of this fact. Document There was finally a new development in the long delayed Digfinex/iFinex/Bitfinex/Tether NYAG case. The New York State … Continue reading Analysis of the New York Supreme Court Remittitur in the Tether and Bitfinex New York Attorney General Cases →

A List of Companies Who Worked With Crypto Capital

Crypto Capital is the money processor famous in both the QuadrigaCX case and the Bitfinex and Tether cases. Bitfinex famously handed them approximately $1 billion without even a contract. This is a list of companies who have worked with them for my own reference as I do research: AirBEx - No longer open MIMEX - … Continue reading A List of Companies Who Worked With Crypto Capital →

Why Does Tether Deserve the Benefit of the Doubt?

I have been told that I am prone to seeing plots in the mundane, and in trying to make mountains out of molehills when it comes to Tether. I have been told that I do not give them the benefit of the doubt or try to find charitable explanations for their behaviors. I am left … Continue reading Why Does Tether Deserve the Benefit of the Doubt? →