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Topic: 2024 Update: How long can Tether keep getting away with their huge scam? - page 2. (Read 194 times)

hero member
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Tether is deeply rooted in crypto and I feel like some people in the upper echelon knows that and don't want it to be removed from the crypto equation yet because it'd have a cascading effect in the industry. Imo, that's another reason why Tether hadn't depegged some much. It has depegged in the past but not as worse as TUSD or USDC that went as low as $0.75 if I remember correctly. Sometimes, the devil you know is better than the angel you don't know — USDT is the devil in this context.
newbie
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That is wild, old-school media is listing four Tether billionaires? I have no direct exposure to USDT. What keeps it going, why hasn't that Tether thing exploded a long time ago?
newbie
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Making their debut on Forbes' annual billionaires ranking are Giancarlo Devasini, Paolo Ardoino, Jean-Louis van der Velde and Stuart Hoegner, four large shareholders of Tether, a controversial but wildly profitable stablecoin issuer.

https://www.forbes.com/sites/johnhyatt/2024/04/02/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024/?sh=77d7c306726b

2024 Update: How long can Tether keep getting away with their huge scam?
ps. If you do not know, Tether has avoided real auditing and is probably another highly-successful case of blatant crpto fraud. When will it finally crash, and/or do you have much direct exposure to USDT?
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