[InternetPerson]

The article argues that, "Through successive booms and busts, the price of Bitcoin has been manipulated by a handful of large players, using fake transactions, imaginary assets and sophisticated timing."

It highlights the role that Tether plays. "[W]henever Bitcoin’s price began to fall, Tether was issued by Bitfinex and sent to two other exchanges, where it was used to buy Bitcoin – which would then rise in price."

[webinvest]

Yes of course. When Bitcoin drops in price, tether increases in price. Bitfinex has to issue more to keep the price at $1.

[snypher]

Are they revoked or redeemed at any point, or is this just a one way street?