We Need To Talk About Tether And Bitfinex





Today Bloomberg is reporting that Bitfinex has been subpoenaed by U.S. regulators. This is all regarding Tether, which is claimed to be pegged to the U.S. Dollar. Apparently this subpoena was actually issued on December 6th, but we’re just hearing about it today. This news has caused a lot of panic, as speculation has been building for months that Tether may be a house of cards waiting to fall. How concerned about this should we be?

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31 replies
  1. Edward May
    Edward May says:

    I simply gave up on crypto media, theyve said too much unbased stuff about Tether for me trust them now, ive used this coin enough to know where its actually strong or weak, and Internet tends to lie about that…

    Reply
  2. Josh Red
    Josh Red says:

    Tether conflict is coming to its end, as we predicted it would, let us hope that Bitfinex will clean up the playing field, it will assist all the normal traders immensely

    Reply
  3. Richard Gesh
    Richard Gesh says:

    I cannot wait for this weird misunderstanding around Tether to be over, it has no substance to it and we need to normal trades with this coin to resume, the sooner, the better

    Reply

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