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A comment on Tether Critical Announcement. Parent comment

Re:Tether Critical Announcement by ActsJuvenile on Tuesday November 21, 2017 @04:11AM (#15746722)
Read this lawsuit: Tether only has $50 mill and their wires have been frozen by Wells Fargo since March 2017. So the remaining $600 mill tokens are backed by nothing.

http://article78againstnydfs.com/docs/317-cv-01882-BitfinexC...

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Re:Tether Critical Announcement by makomk on Tuesday November 21, 2017 @05:05AM (#15746898)
That was filed back in April when there were only $50 million Tether in existence: https://coinmarketcap.com/currencies/tether/ Also, the money that's supposedly backing Tether is in Taiwanese banks, not Wells Fargo, and their problem with Wells Fargo should only affect international wires.
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