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by kacamak 2613 days ago
Most people willingly ignored this because they feared that panic and a'bank run' on tether would cause a crash similar to Mt.Gox.

Tether is infact a fed instead of the fed, but without the largest military power in the world to defend it, a scam that is backed by nothing and there have been a lot of attempts to point that out. Check out 'bitfinexed' on twitter and medium.