Very interesting. The USDT case shocked me a lot. I read that Bitfinex used non backed USDT to inflate BTC price, buying millions of USDT in BTC. They even admitted not to have 1:1 backup for USDT. CRazy!!
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Agreed! while they got off not admitting wrong doing, there was definitely some others issues uncovered. Really looks like a coverup happened plus they haven't been entirely truthful about their collateralization.
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