Tether Crashing Bitcoin and Cryptocurrency – US Government Subpoena Bitfinex and Tether


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U.S. Regulators have Subpoena the popular Crypto Exchange Bitfinex and Tether. This crackdown was bound to happen as many have suspected Tether and Bitfinex of problematic activity. Are you holding or looking for buying opportunities?

Tether Crashing Bitcoin and Cryptocurrency – US Government Subpoena Bitfinex and Tether

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  1. If bitfinex doesn’t really have the money to back up tether I would rather them die right now and we start the rebuild than it happening sometime later on. Let’s move forward drama free.

  2. LOL wish I bought the £3500 worth of crypto today instead of buying yesterday which I did,
    Its ok though I aint got weak hands, Just got to sit back relax have a chuckle about it and Hodl

  3. If tether goes away then the weak hands won’t be able to hide under their momma’s skirt any longer and maybe the market won’t bleed so bad when we get all the FUD news.

  4. StormFX Bitcoin can go down to 1000 if Tether proves to be a scam. Suggest you take a small loss now and buy at bottom.

  5. Assuming Tether is a total scam (just speaking hypothetically here), it’s very frustrating that a $2.5 billion company can set off a $100 billion market panic. The anxiety of investors in this market is RIDICULOUS. Worst case scenario of Tether going to $0 – on paper – should be a disruption of a few billion $ at most

  6. I done that with TRX which worked out good as came back in with a stronger position,
    Looking at coinmarketcap and everything near enough has rebounded back up over the last hour but I will keep a eye out
    Incase the market does begin to crash because of tether then I will pull out then buy back in with stronger positions.

    If bitcoin does fall to 1000 then its sale time and I am buying some 😉

  7. Fake news. You guys fell for it again LOL. Read that article again it was just updated that this happened Dec 6th. This fake FUD happens every major correction to help push prices down and screw people over yet people still fall for it every time.

  8. People will eventually realise the same suits investigating crypto are the ones buying the dips they create.

  9. Subpoenas were sent December 6 nearly 2 months ago. Bloomberg have updated their story. Bad sensational journalism leaving out important relative information.

  10. It’s “bankster” Bloomberg’s turn to crap on crypto.
    They’re between the Rothschilds’ AP and Reuters in the propaganda rotation.
    Then it will be CNBC’s turn to cop a squat.

  11. If anybody still had money in Tether with all the warning signs lately, they’d be quite foolish. We knew this was coming. This crash could also be predicted as it is filled with nervous investors. I’m happy to get it out of the way now otherwise it would haunt the rest of the year.

  12. Mattie I’m with you Mattie. Anybody so much as farts in this market and it sparks a massive sell off. Happy to get this one out of the way though.

  13. johndeere1993 Yeah, but you just know that clearer heads will snap up the rock bottom prices and it’ll bounce quickly. It’s a good thing to be rid of this Tether spectre hanging over the market. Get it out of the way.

  14. Ameth Rawat If people were paying attention, they’d know this was coming. It should come as no surprise or shock. I expect this to blow over within a week and a strong bounce to follow. Tether has been utilised, but it’s not so integral. The market shall quickly adapt without it.

  15. USDT will be gone soon anyway as soon as more exchanges integrate USD. Then the gateway to FIAT will be wide open. It’s just a matter of time, so who really cares what happens to Tether?

  16. So ironic that people cry foul when Tether does it but when the Federal Reserve does it – it’s legitimate.

  17. Matt Laroche yes but the news of it only came out to the public a few days ago and they’ve been printing massive USDT since/despite the subpoena, which is an issue to some.

  18. Bad Santa I know…I was in denial myself about it thinking it was possibly fake but there are some good reasons to have FUD about this. Like I didn’t know that Bitfinex shut down its US customers in November and that the motive could possibly be to avoid legal action after that timeframe (apparently since then they’ve created more Tether than the Federal reserve has created new dollars)…that’s somewhat suspicious to me especially since there have been no audits whatsoever for them proving their holdings yet.

  19. Bad Santa also that the CEO of Bitfinex owns or at least has big stakes in Tether…some conflict of interest there maybe.

  20. Altcoin Buzz it all makes sense now – the timeframes, the pump, the throttling of crashes…sad.

  21. trouble is not everyone has the liquidity to buy them anymore. We’ve had like 8 dips in the last 4 weeks

  22. Silver Wolf why they dissolve the relation with its auditor? How you know is fake? You understand if they have been pumping BTC with no dollars, BTC will crash

  23. even tough bitfinex and tether are very strong players i think they can not manipulate the market anyway. both projects are very reliable and safe

  24. Is there any chance USDT might be rank #9 asset according to CMC and be a reason for BTC crash? I’m not a great expert myself but it sounds silly for me

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