We Need to Talk About
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Tether has faced accusations from many in the digital asset industry that it is a form of privately-issued fiat currency, backed not by “real” dollars in any meaningful way but minted in ever-increasing quantities to buy (and inflate the price of) assets like BTC. To unfold this scandal, we're exploring the following 9 questions:
3:05 What is Tether?
3:55 Should we be concerned about Tether?
5:09 What is the source of the FUD around Tether?
7:09 What is Tether actually backed by?
11:07 Who’s providing Tether's banking services?
13:46 What is happening with the OAG investigation?
16:22 How is the Tether team responding?
19:21 Why did it all need to be so complicated?
20:49 Wen ...?
References
https://amycastor.com/2019/01/17/the-...
/ 1350794420300480512
https://iapps.courts.state.ny.us/nysc...
https://iapps.courts.state.ny.us/fbem...
https://iapps.courts.state.ny.us/nysc...
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https://web.archive.org/web/201503150...
https://www.coindesk.com/tether-lawye...
https://tether.to/tether-response-to-...
https://tether.to/tether-banking-rela...
https://tether.to/wp-content/uploads/...
https://www.deltecbank.com/?locale=en
https://menafn.com/1099495959/Deltec-...
/ 1351590435748270082
/ exkrementkoin
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https://home.treasury.gov/system/file...
https://amycastor.com/2021/01/17/news...
https://amycastor.com/2019/01/17/the-...
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