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Re:The Tether Ponzi Scheme by dbt00 on Wednesday May 19, 2021 @05:38PM (#27214819)
> Coinbase and Binance and the others have locked up some very high powered lobbyists at this point. That’s where Madoff went wrong...

Madoff was extremely well connected, and numerous reports to the SEC were ignored as a result. His empire came down when he confessed to his sons, who immediately called the FBI.

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