Tag: crypto capital

The Best Case Scenario for Tether’s Activities in 2017

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 … Continue reading The Best Case Scenario for Tether’s Activities in 2017 →

What is Crypto Capital Corp?

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 … Continue reading What is Crypto Capital Corp? →

Guest Lecture at WHU – An Introduction to Bitfinex and Tether

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 YouTube version: https://youtu.be/jGl6XKv4k0E My uploaded version: You can find the slides here. You can … Continue reading Guest Lecture at WHU – An Introduction to Bitfinex and Tether →

A Timeline of Deeply Conflicted Tether Transactions

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 →

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 →

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 →