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A comment on Crypto Market Roiled by New Allegations Against Tether, Bitfinex. Parent comment

Re:Crypto Market Roiled by New Allegations Against Tether, B... by gruez on Thursday April 25, 2019 @07:57PM (#19753660)
Wait, what's so foolish about buying debts for a discount? There's an entire industry (collections) devoted to that. Sure, that time they lost, but hindsight is 20/20.
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Re:Crypto Market Roiled by New Allegations Against Tether, B... by Forbo on Thursday April 25, 2019 @08:12PM (#19753733)
Mt. Gox bankruptcy claims proceedings are marching along slowly, so I wouldn't say that they've lost just yet.
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Re:Crypto Market Roiled by New Allegations Against Tether, B... by jeremyjh on Thursday April 25, 2019 @08:18PM (#19753760)
That is right, it is an industry. It has established risk models. It has norms and remedies. Most importantly, it has the triumvirate of debt worthiness (aka credit bureaus) at it's beck and call.
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Re:Crypto Market Roiled by New Allegations Against Tether, B... by JaleDarvis on Thursday April 25, 2019 @11:26PM (#19754604)
It had to start somewhere didn't it?
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