Re:Federal investigators probe Tether
by JumpCrisscross on Friday October 25, 2024 @05:29PM
(#41949971)
> there is no evidence that they are doing anything else
There is a lot of evidence they aren't just buying Treasuries. The only times people looked, the money was being held in weird stuff, including frozen deposits at non-FDIC insured banks and private loans [1].
There is a lot of evidence they aren't just buying Treasuries. The only times people looked, the money was being held in weird stuff, including frozen deposits at non-FDIC insured banks and private loans [1].
[1] https://ag.ny.gov/sites/default/files/2021.02.17_-_settlemen...