Re:Tether Required Recapitalization in May 2022
by giaour on Friday May 20, 2022 @03:40PM
(#31451671)
I'm pretty sure the man will stick it back to you if you follow this advice.
Re:Tether Required Recapitalization in May 2022
by s1artibartfast on Saturday May 21, 2022 @07:29AM
(#31456971)
It's not illegal afaik
Re:Tether Required Recapitalization in May 2022
by giaour on Sunday May 22, 2022 @12:07PM
(#31469649)
It depends on your jurisdiction, of course, but I (as an American) wouldn't feel confident in the legality of buying Venezuelan government securities given https://www.state.gov/venezuela-related-sanctions/
Even if buying a bond issued by an unfriendly nation isn't illegal at a given moment, you might find yourself forced to divest if relations between your country and the issuer sour. I'm sure a few people who held Russian sovereign bonds lost their shirts when sanctions were levied and they had no choice but to dump their assets.
In the absolute worst case (e.g., if you held Japanese sovereign debt in December 1941 or Afghan sovereign debt in 2001), holding a bond might be grounds for you to be charged with treason or sponsoring terrorism.
Buy Iranian government bonds, Venezuelan government bonds, Bolivian government bonds, etc
Will you get a return? Not all that likely (not unlikely either) , but you would indeed be sticking it to "the man"
Buying tether? Ha heck no