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A comment on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags. Parent comment

Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by trophycase on Friday June 29, 2018 @03:34PM (#17427139)
How is it foul play? I arbitrage USD and USDT differences because, historically speaking, a price disparity between the two has never persisted for more than a few days. I may be at risk if tether is actually not backed, but as it stands, there (was) enough money to be made arbitraging that it didn't matter.
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by wycs on Saturday June 30, 2018 @02:27PM (#17432018)
Boy is this risky.
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by CyberDildonics on Friday June 29, 2018 @03:55PM (#17427351)
How do you arbitrage differences if you can't get USD out of it?
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by wmf on Friday June 29, 2018 @07:24PM (#17428622)
Maybe he's arbitraging over time, not space.
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by A2017U1 on Friday June 29, 2018 @08:02PM (#17428762)
From the article:

> Kraken is among very few markets worldwide that let investors trade U.S. dollars for Tether and vice versa.

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