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A comment on Tether loaned USDT to investors and illegally traded in New York, says NYAG. Parent comment

Re:Tether loaned USDT to investors and illegally traded in N... by homero on Tuesday July 09, 2019 @11:41PM (#20398996)
It helps with transferring cash between exchanges
[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by carbocation on Tuesday July 09, 2019 @11:44PM (#20399003)
Any quantity of Bitcoin can be transferred between exchanges for pennies these days.
[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by xur17 on Tuesday July 09, 2019 @11:52PM (#20399028)
That's not useful if you are trying to arbitrage Bitcoin between 2 exchanges.
[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by baby on Tuesday July 09, 2019 @11:58PM (#20399044)
And in the mean time the value has droped tenfolds.
[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by homero on Tuesday July 09, 2019 @11:53PM (#20399030)
Not when you're trying to hedge with cash
[ Parent | on HN ]