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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 conanbatt on Friday April 26, 2019 @12:46AM (#19754917)
> Tether is currently being traded around 99 cents

Tether's "market price" is manipulated. People cannot exchange tether for dollars without jumping to another exchange.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by A2017U1 on Friday April 26, 2019 @12:51AM (#19754943)
Kraken, a US based exchange trades tethers for dollars. This is plainly incorrect.

https://trade.kraken.com/markets/kraken/usdt/usd

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by jfk13 on Friday April 26, 2019 @06:40AM (#19756140)
The price there seems to be sliding... currently showing $0.972.
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Re:Crypto Market Roiled by New Allegations Against Tether, B... by conanbatt on Friday April 26, 2019 @04:32PM (#19761484)
Kraken has no volume. If a player were to sell 50 mill it wouldn't find a buyer.

There are billions of tethers in circulation.

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