News for hackers. Stuff that matters.
Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by jcfrei on Monday November 30, 2020 @02:23PM (#25257742)
These accusations against Tether are very outdated. Read Matt Levine's take from 2019 on an ongoing lawsuit: https://www.bloomberg.com/opinion/articles/2019-04-26/things...

The quintessential part is this: The New York attorney general’s filing refutes the extreme version of those doubts — Tether mostly had the dollars — but it is nonetheless a wild ride that alleges that Tether’s backing might not be as good as it claims.

Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by arcticbull on Monday November 30, 2020 @02:44PM (#25258033)
That article was written $16 billion imaginary dollars ago. Things move fast in the BVI.
Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by headmelted on Tuesday December 01, 2020 @05:55AM (#25264163)
This. I’d like to see evidence that Tether have an additional $16B USD in guaranteed cash to cover their commitments.