The basic claims made in this article:
Many accuse Bitfinex of manipulating BTC price by using unbacked Tethers to buy BTC.
Bitfinex own and control Tether.
Tethers (USDT) are not 1to1 backed by USD < 10%.
Bitfinex and Tether do not have reliable Fiat banking partners.
Tethers are unwittingly / unknowingly held by thousands of people in wallets via Coinapult Lock(TM) feature.
Bitfinex et el refer to USD instead of Tether.
The bank at the centre of DASH and Bitfinex is Cryptocapital which is not a Bank!
Cryptocapital are unlicensed and uninsured, using entities as banking partners who are known criminals and scammers.
CryptoCapital offer services to many exchanges and are the same people behind Coinapult.
Coinapult claim to Lock BTC or DASH to USD, which is actually unbacked Tether USDT.
Coinapult Lock(TM) is incorporated into the Mycelium wallet as well as DASH, Safello and many others.
DASH have incorporated the unreliable fiat banking solution provided by the people behind Coinapult / Cryptocapital.
Roger Ver is very knowledgable about Tether despite claiming not to be since being an investor of Coinapult, Safello and Kraken all connected to Coinapult.
EXTERNAL TETHER AUDIT is planned for 2 Jan 2018!
EXTERNAL USD AUDIT is planned for 6 Feb 2018!b 2018!
Uh oh, this doesn't look good for Dash. What is the point of Dash governance when all it does it fund scams?
Act7 Enter DASH
At the same time that Coinapult integrated with the Mycelium and Tender Wallets and Ira Miller started working on Dash integration, around that time we notice that Coinapult stopped communicating to the general public via Reddit and Twitter. It appears the focus at Coinapult shifted from trying become a retail exchange service to instead focus on integrating the Lock(TM) feature into as many crypto ecosystems as possible via business to business partnerships.
Was that part of the deal approved for funding by Masternodes? Did they know how sketchy Tether/Coinapult/Ira Miller/Roger Ver are when way back when they voted to fund this?
Act10 Connecting The Actors Together
An interesting method of connecting these projects together is the using technical repositories listed on Github built by and maintained by Ira Millers teams. Of interest is a dead exchange project called 1btcex which has CryptoCapital branding all over it, is built on an open source project called WLOX, WLOX was developed by Ira Miller for CryptoCapital, as can be seen on the CryptoCap GitHub page (archive). 1btcxe.com (archive) is hosted on the IP 104.25.146.101 which is the SAME IP hosting address for CryptoCapital (at time of writing).
This is unfolding badly for the hundreds of thousands of people unwittingly hodling unbacked Tethers Via the Coinapult Lock(TM) Tether feature included in the popular Mycelium wallet and Safallo exchange. The young and innocent Dash evangelists and all the other wallets who are intergrating this popular feature. The New Dash Evolution (incarnation Version 2 of Dash) is already totally exposed by integrating with this toxic banking network and reliance on these unregulated exchanges and Tethers. I cannot be sure how many other exchanges and wallets are using this Lock(TM) and the fake Tether USDT / USD but these alone could easily account for the 1 Billion in fake Tether Holdings.
Sounds like Evolution is already doomed, long before it gets even remotely near to actually publishing a spec/whitepaper (much less actual working code).
The public deserves to know how many Masternodes are owned by Tether/Coinapult/Ira Miller/Roger Ver and if they voted (despite conflict-of-interest) to fund this scam! Is this (yet another) a way to launder Dash Core Club insiders' millions of Instamined coins?