All the years of Tether fud ended with a fizzle = $18.5M fine and no tether trading in NY
It's time to move on or is there another lawsuit?
Tether
- Thread starter m22au
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All the years of Tether fud ended with a fizzle = $18.5M fine and no tether trading in NY
It's time to move on or is there another lawsuit?
Yes congrats that is a fact! Unfortunately...
Again, this is pure speculation above. I notice you didn't address my point calling you out that you admit you don't know what Tethers are being used for actually. Because you have no facts.
I didn't ask you about what you thought Tethers were doing, I asked you for proof that Tethers are doing what you say they are. You have none.
As part of the settlement....."Tether volunteered to provide the NYAG's office and the public a quarterly update on USDT's reserves backing"
When that happens will you then be over your FUD ?
Lol, DeFi and DEX’s make this irrelevant. USDT is available as a base on trading pair on most every protocol and LP.
I sense a lot of resentment for a mere fact that I am pointing out the obvious. I understand that you guys want to believe that BTC is worth 50k and a lot more, and just turn the blind eyes on anything that contradicts it.
once again the only time when we will know the real BTC price is when it is traded only for real money, like every other asset on the face of this planet.
once again the only time when we will know the real BTC price is when it is traded only for real money, like every other asset on the face of this planet.
Cashapp just on-boarded a million purchasers of BTC. No USDT required. Straight (from a users POV) fiat ->BTC
fiat only represents 20 percent of trading volume, 80 percent are tethers.
gents looks like debate is useless. We will find out who is right or wrong in due time. We all have our beliefs and act according to them. I hope I am wrong, and all of you who hold it will keep increasing your wealth.
...pigs fly? Yes.
(sets pot full of popcorn kernels onto an old Antminer...)
"Why would they bother? Won't they just take their licks and not function in New York while hoping the charade can go on a while longer? I don't see what advantage they have by complying and proving they have no backing.
Unless the NYAG has some sort of teeth to force this that I don't know about."
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You do understand what jurisdiction means? The USA is powerful, yet can not stop entities not under their jurisdiction to break US laws, commit frauds, make fake Nikes, etc.
Actually, it means people trading in and out of BTC or any alt-coin via USDT will now just use USDC or TUSD or any of the CBDCs being developed.