[paulpauper]

so they can trade on it before announcing it and then with the profit pay for the bounty, assuming they pay up or assuming tether falls. Tether has survived thus far everything thrown at it. The market is evidently very confident about tether.

[nawgz]

> The market is evidently very confident about tether.

I don't see how that's a valid conclusion to draw. I would say in this case the "market" is completely codependent on Tether, and therefore are willing to overlook red flags until forced to via damage to pricing or legalities.

[qeternity]

> The market is evidently very confident about tether.

The market was very confident about Enron, WorldCom, Madoff, WireCard, Greensill, Theranos, WeWork, etc as well.

[jsemrau]

It's all good until it isn't.

https://www.reuters.com/world/china/hong-kong-audit-watchdog...