The Mystery of The Bitfinex/Tether bank, and why this is suspicious

Transparency. You keep using that word. It does not mean what you think it means.
Bank names AND account numbers! Not private. Not Super-Secret.
Tether converted your deposits into “Secret Swiss Accounts” you can’t withdraw from.

Why is who Tether banks with any of your business?

Why this is suspicious

Tether banking crisis started late March, with lawsuit on April 5th and retracted a week later.
Also notice short duration of loans, only 2 days.
If the shoe fits, you must wear it.

The transparency of blockchain companies needs to exceed non-blockchain companies

Don’t forget…


Notice the astronomical rise in shorts without the price falling, and 24,000 BTC short INSTANTLY covered.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store