Losing access to or "misplacing" $750m should be grounds enough for most sensible people to get out of USDT. There are also a lot more options for stable coins than there were 12 months ago
You are viewing a single comment's thread from:
Losing access to or "misplacing" $750m should be grounds enough for most sensible people to get out of USDT. There are also a lot more options for stable coins than there were 12 months ago
Officially this was bitfinex and not tether, but factually they are the same company. So essentially they are giving themselves a loan of 750 million.
I should do the same, give me a loan of a few million and then use that loan to myself to back a stablecoin :)
They treat themselves so nicely. 😅
Wasn't the whole reason for the loan something to do with Crypto Capital holding their funds and then they couldn't get it back? Haven't followed all the details on this one
yes, but they are both accusing each other and nobody knows what really happened