Hacker News new | ask | show | jobs
by olliepop 1776 days ago
Assuming those order-books are legitimate.

@Bitfinexed (https://twitter.com/Bitfinexed) would argue that order books based on USDT (Tether) are not, and either the rug would be pulled or you will quickly find that you're holding ~2% of filled value (actual backed Tether)

1 comments

There are many big trading firms trading billions a day willing to do the tether leg for you if you don't trust it yourself (they will take the risk), but a sale like this wouldn't happen at once anyway.