News for hackers. Stuff that matters.
Re:Tether Says Stablecoin Is Only Backed 74% by Cash, Securi... by dzdt on Tuesday April 30, 2019 @11:04PM (#19794182)
"We have been informed that" is lawyerspeak that has as an implication of "we don't actually believe the following and it almost certainly isn't true, but what we were told is..."
Re:Tether Says Stablecoin Is Only Backed 74% by Cash, Securi... by jcranmer on Wednesday May 01, 2019 @12:32AM (#19794548)
And "seized and safeguarded" itself sounds suspiciously like a polite way of saying "our accounts are frozen on suspicion of financial regulations (and/or money laundering), and we hope to be able to successfully defend ourselves in court."