In late 2018, the companies behind the most widely traded cryptocurrency were struggling to maintain their access to the global banking system. Some of their backers turned to shadowy intermediaries, falsified documents and shell companies to get back in, documents show.
One of those intermediaries, a major tether trader in China, was trying to “circumvent the banking system by providing fake sales invoices and contracts for each deposit and withdrawal,” Stephen Moore, one of the owners of Tether Holdings Ltd., said in an email viewed by The Wall Street Journal.
It’s funny how I never saw a piece this comprehensive from WSJ on FTX which millions of consumers got hurt? Where is the WSJ detective when FTX broke? Tell me who got hurt from hackers falsifying documents? Did tether not let customer withdraw when they wanted to withdraw?
WSJ is in bed with the SEC no doubt. All of this is preplanned.
unidentifiedta1 Thoughts?
Tether has denied the allegations, calling the article “wholly inaccurate and misleading.”
Who is paying you to FUD tether?
If you want to be fair, you should cover that Bitfinex and Tether are a victim of the Crypto Capital collapse. They even repaid loans and solved a very difficult situation. They deserve praise for this not criticism.
FUD
Don’t forget Louis Freeh’s involvement
tier10k
coffeebreak_YT
The good old fud 🌬️
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Source: WSJ - 🏆 98. / 63 Read more »