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US Senator Lummis calls for criminal charges against Tether, citing NYAG/CFTC actions. Tether faces potential ban in the UK and redemption pressure. Tether accused of being one of the largest financial frauds. Tether's compliance with regulations questioned. Tether's market manipulation and potential impact on crypto prices highlighted. Tether's high revenue and business model scrutinized. Tether's credibility and potential risks emphasized by former CIA case officer and investigations. Concerns raised about Tether's impact on crypto market and potential scams involving Tether fraud bucks.
Imagine you’re selling crypto for Tether fraud bucks. A hacker steals a bunch of Tether fraud bucks, and buys your crypto. They get your crypto, you get frozen tether fraud bucks, good luck getting tether to do anything. Don’t sell your crypto for tether fraud bucks.
Remember kids, as long as the Tether fraud is rampant, crypto prices are whatever they want it to be. You're an idiot to try and short this, because chances are by the time they're shutdown and indicted, you'll be liquidated. Don't play poker with someone you know is cheating.
Bruce Fenton @brucefenton has said there have been many investigations into Tether and so far they have found nothing. Except both the NYAG and CFTC found that Tether lied about their reserves, repeatedly. NYAG said at times Tether had NO RESERVES, CFTC stated Tether was for a… https://t.co/20E0zMmcTx https://t.co/ejjmXwtuGq
"Tether is protected by the CIA!" Reality: Former CIA case officer sponsors a bill explicitly targeting Bitfinex/Tether, calling them a national security risk. So much for that theory. https://t.co/Xp2tpy137M
"Tether is protected by the CIA!" Reality: Former CIA case worker sponsors a bill explicitly targeting Bitfinex/Tether, calling them a national security risk. So much for that theory. https://t.co/NBdFJ5yMBq
You have senators telling you Tether is gonna get rekt. You have representatives telling you Tether is gonna get rekt. They are literally saying Tether is the agent of a hostile power. This is 1000x more serious than calling it a fraud. https://t.co/x23qaz1tzr
Tether Fraud Damage Control going to TWELVE. This bill would prohibit the government from interacting with the Bitfinex/Tether fraud. I guess Bitfinex isn't getting those stolen bitcoins back after all. https://t.co/9ywcQKTUap https://t.co/6lvm4DsZgv
Tether fraud deniers now that the “fully backed by dollars” claim has been busted. https://t.co/ZAGbac73mn
Remember kids, if someone is offering you discounted Tether fraud bucks, it's better to stay away from the transaction. Because it's probably a scam. As Wintermute has now learned. https://t.co/3tzPlol0om
Tether has an $86bn market cap of USD that it can earn 5.25%+ on while paying its depositors 0%. That's $4.5bn in very high margin revenue per year. It's no surprise that Circle is trying to go public right now, given its similar business on USDC. Incredible business. https://t.co/hHLej1GcCJ
If the Tether fraud was no big deal, and not inflating the crypto market, and Bitcoiners believed that the bitcoin price is organic demand and not tether fraud market manipulation… Then there’s no need to defend the Tether fraud or make excuses for them. Why defend Tether? https://t.co/Pd5WYoNzA8
Heard Tether is going to buy WeWork out of bankruptcy and save the US CRE market. Big if true.
Tether is going to buy WeWork out of bankruptcy and save the US CRE market. Big if true.
Even though Tether serves crypto customers (and a lot of criminals), Tether's operations don't resemble a "crypto company." They're a traditional finance company that relies on traditional financial infrastructure. There's as much counterparty, liquidity and key man risk for… https://t.co/yfEYWDds8Y
Remember folks, this is Tethers death warrant. Expect some absolutely insane shilling, market manipulation, damage control, performed by the Tether fraud. Tether can inflate crypto prices as much as their hearts desire, and they will do everything they can to cheat and win. https://t.co/56MtADR2bf
Tethers Damage Control is about to go to Eleven. @SenLummis sent a letter to US Attorney General to prosecute Tether. It's getting hot for the Tether fraud. "Congress Must Aid Fight Against Illicit Use of Crypto, Treasury Official Says" https://t.co/AnDxYIbj4F
Bitfinex'ed: Tether fraud manipulates the price of Bitcoin by printing tethers out of thin air, wash trading, and market manipulation on Tether exchanges. * Bitcoin prices skyrocket on no news, with tether issuance skyrocketing * Crypto Morons: SEE BITFINEX'ED YOU'RE WRONG!!!… https://t.co/GWJOjw5EUO
Holy shit. 1. Tether paid 61 million dollars in fines over "no evidence of unbacked" tethers, when the fines were quite literally over... unbacked tethers. Both the NYAG and CFTC found out that Tether lied about their reserves. 2. "Tether surviving" because of countless… https://t.co/BK49QGQnEs https://t.co/ltjwQsSg5K
As I've been saying. Tether is megafucked. "Fed’s Michael Barr calls for strong stablecoin regulation" Yeah, I'm sure unaudited stablecoins run by criminals will pass the... barr. https://t.co/3YDJshJbpK
Tell me you're desperate for Tether fraud bucks, without telling me you're desperate for Tether fraud bucks. https://t.co/sl9S7EJ8pO
Don't worry. Tether is fully compliant with KYC/AML regulations and registered with FinCEN. That's why there's literally "https://t.co/3HadARtogD", where you too can violate US Sanctions with the help and support of the Tether fraud. https://t.co/fDOLXHNeAE
Fun Fact: Tether has sold Tethers for less than a dollar. Sometimes, as low as 40 cents, or even $0.00 Dollars for ponzi scammers. Tether could do a promotion, you redeem USDC & get two Tethers for each dollar you send to Tether fraud. Costs Tether $0 to bring down competitor.
Tether is one of the largest financial frauds in history. It will make the SBF fraud look like childs play. You're all defending a blatant fraud of epic proportions, a fraud that has repeatedly been proven by multiple agencies, and now even US Senators are calling for criminal… https://t.co/QnUoYokI80 https://t.co/QUVpVYjstj
Tether is one of the largest financial frauds in history. It will make the SBF fraud look like childs play. You're all defending a blatant fraud of epic proportions, a fraud that has repeatedly been proven by multiple agencies, and now even US Senators are calling for criminal… https://t.co/X5A6Nz0Jn1
Tether is megafucked. Tether will be forced to redeem within a business day after receiving KYC/AML information from a customer. They won’t be able to drag out redemption indefinitely by stalling verification. Tether won’t comply and will be banned in the UK. Tether fraud is… https://t.co/y75EMt7Ipm https://t.co/ozyaemdYpu
Pro-crypto US Senator @SenLummis calling for criminal charges against Tether for knowingly breaking the law, and citing NYAG/CFTC actions against Bitfinex/Tether for committing fraud in letter to the United States Attorney General. Tether: IT’S ALL JUST FUD!!! https://t.co/cfw2WIeK2n