Isola Capital, a Chinese "asset management and family office platform", arose from Deltec. Their about page proudly proclaimed: Isola Capital can trace our roots back to 1946 when our founder Clarence Dauphinot and two associates moved to Brazil to explore investment banking and direct investment opportunities. They founded Deltec, an initiative sponsored by Al Gordon, … Continue reading Isola, Deltec, Tether, and You
On November 1st 2018 Tether proudly proclaimed that they were once again banked, this time with Deltec Bank in the Bahamas (archive). This announcement included a letter (my copy) (archive) signed by someone associated with Deltec that stated that Tether had a 'portfolio cash value' of $1,831,322,828 on October 31st. This suggested to all that … Continue reading A Timeline of Deeply Conflicted Tether Transactions
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
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
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
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
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
One of the best things about Twitter is all the different people that you get to meet and communicate with. For example, the founder of Tether (infamously sued for child sexual abuse and arrested in a house full of child pornography) would semi-regularly talk to several of us Tether skeptics in threads. In one he … Continue reading The Time Brock Pierce DMed Me
We discuss my twitter avatar, if I am a bitcoiner, and whether or not Tether is a fraud. https://www.youtube.com/watch?v=B1ZV6huk4FU&feature=youtu.be
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?