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why is tether a scam

Last Updated on August 18, 2023 by Paganoto

Crypto Scams of the Week: Tether (USDT) Phishing & Fake …

Crypto Scams of the Week: Tether (USDT) Phishing & Fake …

Tether is pegged to the US dollar. Scammers have been sending phishing text messages to potential victims informing them that they have over 1 million USDT (which has an exact 1:1 value with the US dollar).Jun 10, 2022

the Greatest Scam in History Starring Tether's Fraudulent …

the Greatest Scam in History Starring Tether's Fraudulent …

There is simply no way Tether isn’t a scam. If you are above board then you’d willingly allow an audit of your company. There is only one reason not to comply …

Anyone Seen Tether's Billions? – Bloomberg.com

Anyone Seen Tether's Billions? – Bloomberg.com

Tether Holdings checks the identity of people who buy coins directly from the company, but once the currency is out in the world, it can be …

The Tether controversy, explained – The Verge

The Tether controversy, explained – The Verge

Yep. Here’s how Attorney General James put it: “Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a …

Is Tether (USDT) a scam? – Quora

Is Tether (USDT) a scam? – Quora

Tether has been reported making high trading volume even more liquidity than Bitcoin. It is not a scam, recently investors rely on stablecoins like tether (USDT) …

Ben McKenzie on Tether, the potential danger at the center of …

Ben McKenzie on Tether, the potential danger at the center of …

Tether almost certainly faces a near-term showdown with government authorities or criminal investigators. Last week, the CFTC reached a …

Stablecoin Tether leaves investors unstable with 'fraud' whiff in …

Stablecoin Tether leaves investors unstable with 'fraud' whiff in …

For years, a persistent group of critics has argued that, despite the company’s assurances, Tether Holdings doesn’t have enough assets to …

Tether USDT is possibly a scam but it can remain valuable

Tether USDT is possibly a scam but it can remain valuable

Tether USDT is possibly a scam but it can remain valuable · Crypto exchanges remain liquid and need it to exist. · Stablecoins are not regulated.

I'm all in on the concept that Tether is a fraud. However, isn't it …

I'm all in on the concept that Tether is a fraud. However, isn't it …

Tether sold tokens on the promise that 1 USDT would be backed by U.S. dollars. They didn’t keep one U.S. dollar for each USDT sold. If they did (or concealed) …