Tether & Bitfinex Scandal! Will Bitcoin Tank or Thrive?

10,041 Views · Posted 5 years ago

The New York AG has announced a suit against Bitfinex for the fraud they carried out about “missing” 850 million dollars. Bitfinex reportedly used the Tether reserves to pay off this balance, while manipulating the markets to pay back off the lost money. What is going to happen to the crypto markets? Is this actually a blessing in disguise. Tune in for another Chico Crypto live stream to find out!

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**Disclaimer**
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk!

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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