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A comment on Tether Withdrawals Top $10B. Parent comment

Re:Tether Withdrawals Top $10B by lmm on Tuesday May 24, 2022 @07:26PM (#31498741)
If your model is to trust entities until there's a specific reason to distrust them, I've got a billion dollars in USDLMM to sell you. Tether is larger and has been subject to more investigation than their competitors.

(Don't get me wrong, I assume everyone in this space is some combination of fraud, ponzi, and money laundering)

[ Parent | on HN ]
Re:Tether Withdrawals Top $10B by TameAntelope on Tuesday May 24, 2022 @08:31PM (#31499217)
Tether has not survived those investigations.

My model is the same as your model, you're just making assumptions I'm not.

[ Parent | on HN ]