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by FireBeyond 1948 days ago
> I would also prefer to trust that source, however it is written as a press release. So they write it to make them look as positive as they can and stress the Bitfinex bad points.

Whereas theblockcrypto is quoting Bitfinex's counsel who is weasel wording over people's understanding of what a "finding" is at law?

> The blockcrypto article seems to indicate that the accounts were now balanced

Given that in 2019, Tether's lifetime holdings were $2.1B and even that was not fully backed, and they're now printing $3.5B a week, I'm intensely curious how they are comfortable drawing that conclusion.

1 comments

I'm also very interested in the $18.5M number in the settlement...

It seems surprisingly small for someone who can't explain where $200M+ has gone to...