• anonymous
    Bitcoin,  Cryptocurrencies,  Ethereum,  Media,  People,  Tether,  United States

    Bitfinex’ed tells (almost) all about Tether: The Modern Consensus interview

    Anonymous critic of Tether and Bitfinex explains why bitcoin is headed to $15

    As pressure mounts on Tether, its harshest critic—the anonymous “Bitfinex’ed”—does an interview with Modern Consensus. Reveals how he—or she—first started investigating Bitfinex and Tether. Claims 2016 hack of 120,000 bitcoins on Bitfinex was an inside job at the highest levels. Argues almost nothing backs up billions in outstanding Tether tokens; suspects recent reports were a “forgery.” Presents bleak view of cryptocurrency and blockchain’s future. Justifies a $10 to $15 price target for bitcoin (yes, you read that right).   The vice is tightening on Tether and that could have devastating repercussions on the $200 billion cryptocurrency market. Though over $2 billion worth of the “stablecoin” is circulating, it has an…