• University of Texas Tower (via Wiki commons).
    Opinion,  Tether

    Tether/Bitfinex study gets updated while Crypto Twitter gets angry

    The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively

    The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.

  • Oz Yosef may need a wizard's help (via YouTube).
    Tether,  Uncategorized

    Crypto Capital crony Oz Yosef indicted

    Another shadow banker has been charged in connection with the theft of $880 million from cryptocurrency exchange Bitfinex.

    Federal prosecutors have indicted Oz Yosef, a principal of Crypto Capital Corp., on three counts of bank fraud and conspiracy in cryptocurrency exchange Bitfinex's $880 million loss.

  • U.S. Court House and Post Office, 312 N. Spring St. Downtown Los Angeles
    Tether

    Bitfinex, Tether parent seeking court help with seized $880 million

    The company that owns cryptocurrency exchange Bitfinex wants a California federal court’s assistance in retrieving money taken by the U.S., U.K., Poland, and Portugal

    The parent of cryptocurrency exchange Bitfinex and stablecoin-issuer Tether has asked a federal court to help it get back $880 million lost to an alleged con man.