largest tether seizure in history two days ago
Discussion
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Wtf holy shit
Market is shrugging off all of the recent news which in years past would've heavily impacted price. The bull is about to begin its run. Stay humble and stack sats π«‘
Wait... so USDT is just like USD but with an added T? Wild π
+ some of them can print USDT fake contract easily than paper benjamins or jacksons
The bitfinex'd cult... oh boy.
You guys should be all over the fact that Bitfinex are funding uncle Sam with the USDT reserves, literally risking their stablecoin on a bet that inflation and yields have peaked
I'm glad human traffickers are stupid enough to not self custody, fuckem.
the article says they were held in self custodial wallets!
the reason the freezer works, I believe, is because its not permissionless, aka Tether the institution can stop any outgoing transactions, deeming the coins worthless. but they are in self custodial wallets nonetheless
π€πΌπ #tether always comply with law from any country. in fact bitfinex only allow KYC wallets to HODL tether. In most PoS chain very easy to freeze even if without law enforcement involved - some fat finger cex transactions / exchange hacks in past. most funny thing criminals so fiat like mama is so fiat. their second mistake target customers with in us territory inclu. guam + hawaii. these dumbs also use TRON chain mostly which fiull of rouge / fake contracts.
takeaway - MAMA SO FIAT n SO R CRIMINALS π€£
Is it a nice idea to have some funds in USD during high BTC volatility, yes. Is it worth doing if there is significant rug pull risk, uh no.
Honestly, Iβm curious what a βpig butchering romance scamβ is.
βTether saidβ
Would love to know if independent analysis was done by any firm other than Chainalysis. Itβs crucial to have a double-blind in anything like this before firms start to comply.