Forwarded from Crypto Seeds™ (Yokesh Anbalagan)
👆$USDT's market cap is out of control.
6.3 billion of a digital token whose ownership has been indicted & charged with fraud specifically due to their involvement with this token.
Its a wonder how a company claiming that they were defrauded out of $880M, begging for funds at the end of 2018 (Bitfinex we're talking about) - managed to still generate enough of a surplus to justify the additional 4+ billion USDT in the 1.5 years since.
How long does this go unaddressed? One can imagine that judgment day is coming near.
6.3 billion of a digital token whose ownership has been indicted & charged with fraud specifically due to their involvement with this token.
Its a wonder how a company claiming that they were defrauded out of $880M, begging for funds at the end of 2018 (Bitfinex we're talking about) - managed to still generate enough of a surplus to justify the additional 4+ billion USDT in the 1.5 years since.
How long does this go unaddressed? One can imagine that judgment day is coming near.