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A comment on Tether (USDT) Grappling with Allegations of Noble Bank Insolvency.

Re:Tether (USDT) Grappling with Allegations of Noble Bank In... by runn1ng on Monday October 01, 2018 @03:30PM (#18115985)
The article wrongly conflates Noble Group - an unrelated Hong Kong company, trading commodities, with Noble Bank - the actual Tether bank, having rumored problems.

The Hong Kong financial group - the one that is being bought by Deutsche Bank - has nothing to do with cryptocurrency. (That means liquidity problems of the Tether bank cannot be related to commodity trading.)

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Re:Tether (USDT) Grappling with Allegations of Noble Bank In... by Animats on Monday October 01, 2018 @03:55PM (#18116199)
Yes. It's this Noble Bank.[1] "Noble Bank International is a full-reserve bank providing real-time post-trade services to OTC markets including FX and Digital Currencies."[1][2]

[1] https://www.noblebankint.com/ [2] https://www.bloomberg.com/research/stocks/private/snapshot.a...

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