Coinbase Wants Wall Street to Resolve Its Bitcoin Trust Issues

Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by heurist on Friday December 15, 2017 @12:10PM (#15933235)

I've been reading about this but still don't understand the scope. The money might all be fraudulent, but it also seems like the most liquid exchange on the market would also have a huge pile of cash to sit on right now after the last few years appreciation of btc. Did Tether fraud kick off this wave?

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Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by jboggan on Friday December 15, 2017 @01:50PM (#15934064)

If you look at Bitcoin, Litecoin, and Ethereum, all three kicked off their current bull market in April after Tether lost their banking relationships and stopped even trying to show that they had funds in reserve. I absolutely think that the Tether fraud kicked off this wave to the point that the general public would come in and hold the bag.

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Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I... by shrimpx on Friday December 15, 2017 @02:45PM (#15934448)

There is zero concrete proof, only people sharing their theories and beliefs so far.

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