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Re:Crypto Market Roiled by New Allegations Against Tether, B... by oooshha on Thursday April 25, 2019 @06:53PM (#19753280)
It's worth the market's perception of what the holders will get after a prolonged bankruptcy process.
Re:Crypto Market Roiled by New Allegations Against Tether, B... by Scoundreller on Thursday April 25, 2019 @07:37PM (#19753534)
The lawyers and accountants get paid out of the leftover assets.

If there's practically zero assets left, the process won't even start.