Whales and otc desks buy Teathers in $100k blocks so they spread purchases across exchanges that didn't accept dollars?
That's doesn't sound like manipulation. It sounds oddly normal and acceptable for a coin that we know has problems.
The biggest lie in your article is calling tether "fully backed". That's laughable since we know from the AG report it is 70% at most and likely lower when you ignore paper from related companies.
literally addresses this: "The blogger Bitfinex’ed disputes this, saying that Tether’s failure to disclose the Buy orders from its customers amid the New York Attorney General’s ongoing investigation into Bitfinex—which was accused of borrowing from Tether’s supposedly “fully backed” reserves to cover up an $850 million hole in its finances—looks fishy."
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Whales and otc desks buy Teathers in $100k blocks so they spread purchases across exchanges that didn't accept dollars?
That's doesn't sound like manipulation. It sounds oddly normal and acceptable for a coin that we know has problems.
The biggest lie in your article is calling tether "fully backed". That's laughable since we know from the AG report it is 70% at most and likely lower when you ignore paper from related companies.
literally addresses this: "The blogger Bitfinex’ed disputes this, saying that Tether’s failure to disclose the Buy orders from its customers amid the New York Attorney General’s ongoing investigation into Bitfinex—which was accused of borrowing from Tether’s supposedly “fully backed” reserves to cover up an $850 million hole in its finances—looks fishy."