Cryptocurrency Investors Shrug Off Tether Woes

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Allegations raised by the New York Attorney General's office surrounding digital coin Tether haven't had much effect on trading

A pillar of the young cryptocurrency market is wobbling following allegations from the New York Attorney General’s office that the dollar reserves backing popular digital coin tether have been compromised. Investors don’t seem too concerned.

Tether was recently trading at around 99 cents, close to parity with the U.S. dollar, according to CoinMarketCap. Prices dipped to 97 cents on Thursday after the New York Attorney General said the cryptocurrency exchange that controls Tether Ltd. used the reserves to cover up $850 million...

 

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Her person is under some crimes so I'm not a fan of following her allegations

Shareholder doesn't show any panic as well as coin traders. You just boil it for no reason

Don't know about where you could it but madness is only coming in media with some paid rumors

Investors have trustful attitude to the coin anyway, I see no panic from them

What are we discussing is all points on frozen funds is just mass of rumors

It haven't, yes. 'It haven't had much effect on trading', cuz' coins is still transparent

Cryptocurrency investors tend not to be too logical. Cryptocurrency is a good investment, if you don't mind the fact that it is essentially a modern technological twist on a Ponzi Scheme that has a huge negative affect on the environment.

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