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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 bhaak on Friday April 26, 2019 @03:08AM (#19755405)
Yes, that's the surprising bit. Tether USD backing seems to have been fine.

But Bitfinex screwed up, I guess partly due to panicking because they couldn't get a proper bank connection.

It also seems that the money is lost, just not accessible, at least at the moment.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by b1daly on Friday April 26, 2019 @05:35AM (#19755906)
Ah, no. These people are shady AF. They intermingle funds and shuffle them around behind the scenes. This whole system is a black box surrounded a tower of cards.

Not accesible, that’s a good one.

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