The U.S. Government Has $5B in Bitcoin

Re:The U.S. Government Has $5B in Bitcoin by setgree on Monday October 16, 2023 @12:24PM (#37902174)

I generally don't reply to comments like this, but

> I can't believe the Tether FUD is still widespread after all these years, all completely unproven and wrong time and time again.

is false.

Tether knowingly falsified documents when applying for bank accounts [0], lied about its backing [1], and is the currency of choice for pig butchering scams [2] and Hamas [3].

Overall, a really bad, obviously criminal org, and someone who responds to that with "FUD!" is generally either on the payroll [4] or soon to be in for a very rude awakening [5].

[0] https://www.wsj.com/articles/crypto-companies-behind-tether-...)

[1] https://www.cftc.gov/PressRoom/PressReleases/8450-21

[2] https://www.trmlabs.com/post/pig-butchering-scams-what-the-d...

[3] https://www.wsj.com/world/middle-east/militants-behind-israe...

[4] https://protos.com/astroturfing-and-fake-support-for-tether-...

[5] https://www.coindesk.com/policy/2022/10/31/us-tether-bank-fr...

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Re:The U.S. Government Has $5B in Bitcoin by microtherion on Monday October 16, 2023 @06:09PM (#37907360)

Pig butchering scams conducted by trafficked slaves, no less: https://www.vice.com/en/article/n7zb5d/pig-butchering-scam-c...

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