@Cesc0410 18 June 2021 more from that month

So the Tether FUD is back and many people are ignoring it but as this thing passed 60 billion on its way to 70 billion the claims that it’s unbackef only become more dangerous The last proof of reserves only showed 3% cash and the rest were all investments like crypto, loans, commercial paper which is really scary! I don’t know why USDT could not make money off fees alone for their service and this just seems like greed having to reinvest the treasury into illiquid markets If this thing does implode it’s going to take all of crypto down I could easily see BTC below 20k and Alts dying for good as liquidity is drained from the system #Bitcoin