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by kobeya 3128 days ago
> The funny part is that Tethers came into being after Bitfinex was hacked, right, as a way to help them out?

No, Tether is completely unrelated and existed (or was in the process of being stood up) years prior. It just became widely used in 2017 after some exchanges (bitfinex being a big one) switched to it for USD for a variety of reasons.

1 comments

iFinex acquired an ICO called "Tether" that no one cared about. I can help you buy 1 year old ICO for peanuts.

There is a letter signed by iFinex CEO that he owns both Bitfinex and Tether: http://article78againstnydfs.com/docs/317-cv-01882-BitfinexC...