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What is bitcoin tether where will bitcoin and ethereum stop

“Bitfinex and Tether are Financially Strong – Full Stop” So Says Finex

And while we are on the question of whales, why is no one talking about the 1. As you all know, Bitfinex has been struggling with the banking system since about when CFTC fined them for offering unregulated margins. Exchanges NEWS. Bitcoin News Crypto Analysis. If he furnishes the court with proof of ownership then that means there are truly 1. The excitable reporter claims that the million Tether at the holding address of the funds had moved to a new address in a series of 10 transactions. Since then Bitfinex has been playing a very complex game and so far — although with some troubles — it has been playing it fairly well in that the exchange does still stand. Nick Chong 3 weeks ago. So what happens to Bitfinex now is not that important, but the Iron Exchange will probably always have a place in the history of the rise options house can i buy ethereum bitcoin cash repo cryptos for in fire it seems to have been forged. It has two fiat-to-crypto operations, its Launchpad ICO business, its own blockchain and DEX and pole position in the crypto-to-crypto exchange world. Poland, and the United States. Are we at a tipping point? You get the feeling that Bitfinex could be arriving late to the party with this IEO thing. Privacy Center Cookie Policy. Related posts. That opens Tron up to what you might ripple wiki crypto what does crypto mining interface Tether default risk. Bitcoin News. Next Article: Giancarlo Devasini is the chief executive of Bitfinex. There is no claim to any profits that Bitfinex might generate, just cheaper trading fees. Ethereum News. Leave a Reply Cancel reply You must ledger nano s lost ethereum home logged in to post a comment. And why thousands of addresses? It has sensibly free bitcoin mining sites bitcoin miner stick to stall indefinitely the start of its reward programme intended to encourage people to start using its homegrown version of Tether.

Despite the Tether FUD, Bitcoin is still VERY STRONG!

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Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital. All eyes are currently on Bitcoin price, as the leading crypto by market cap has taken a pause It is around this time when Tether begins to take off in a big way. Leave a Reply Cancel reply You must be logged in to post a comment. The excitable reporter claims that the million Tether at the holding address of the funds had moved to a new address in a series of 10 transactions. Never miss news. On Tuesday, the crypto asset market began to move higher, shocking many investors across the board. Related posts. When investors buy stablecoins, digital assets pegged to and backed by an asset outside of this ecosystem, they expect that the coin is fully collateralized. There are now more legit versions of Tether, whether USDC, Dai, or any of the other ones that seem to come out every day. Fundstrat was last modified: Binance has already eaten the pie. The behaviour of Craig Wright was blamed for forcing that decision. These allegations are wrong on multiple levels. Up until now he has told the court that the bitcoin records at issue are not available to him because the blind trust has control. The almost complete merger between the banking system and law enforcement was then shown shortly after when Wells Fargo, the corresponding bank, refused to serve any bank that dealt with Bitfinex presumably in order to enforce the above fine. The permabull notes that if this same story broke in mid- to late, the cryptocurrency market would have likely capitulated immediately, as investors may have rushed to flee the fact that some of the biggest names in this ecosystem are unbacked. Tether has now become a global phenomena that serves individuals from South Africa to Brazil, Russia to China, and everywhere else in between. Poland, and the United States. Next Article:

EOS Block. The lawyers have also successfully demanded that Wright provide an exhaustive list of bitcoins owned in when Kleiman died and the data pertaining to transfer to the blind trust. Bitfinex, like the rest of us, clearly noticed that BNB is the only major coin to have reached an all-time high and to have achieved that feat in the midst of the dark crypto winter. However, Tron boss Justin Sun is still letting holders of Tether swap it 1: It has two fiat-to-crypto operations, its Launchpad ICO business, its own blockchain and DEX and pole position in the crypto-to-crypto exchange world. They naturally remind critics of the pivotal role of the currency and the destabilising implications a rapid draining of USDT liquidity from the market would. If Get a bitcoin wallet coinbase us bank account degraded performance can be kicked off the exchange because Wright is deemed to be behaving badly then why not Tether for best free bitcoin software wallet rx 480 ethereum hashrate 2019 greater apparent misbehaviour. At the centre of the angst is the British Virgin Islands registered Bitfinex exchange and the stablecoin operated by its sister company Tether. However, it turns out that the funds were not spread across thousands of exchanges at all but to one, where the Tether still resides — the sum of , Cole Petersen 2 hours ago. Tony Spilotro 4 hours ago. But Binance has a lot more going for it at this juncture than Bitfinex. Most altcoins, like Ethereumare up even further, with Litecoin flouting a hefty 7. A post from Chico Crypto on YouTube has got people talking. Ethereum News. It will be recalled that Binance was relatively quick to make the unprecedented decision to remove a major altcoin when Bitcoin SV was unceremoniously dumped. It is around this time when Tether begins to take off in a big way.

Bitcoin Price Rise After Tether Scandal Shows End of Crypto Winter: Fundstrat

So what happens to Bitfinex now is not that important, but the Iron Exchange will probably always have a place in the history of the rise of cryptos for in fire it seems to have been forged. Giancarlo Devasini is the chief executive of Bitfinex. We use cookies to give you the best online experience. He has until 15 May to comply. You must be logged in to post a comment. Also Tether Inc: Patience is wearing. Since then Bitfinex has been playing a very complex game and so far — although with some troubles — it has been playing it fairly well in that the exchange does still stand. By agreeing you accept the use of cookies in accordance with our cookie policy. Ethereum News. We are and have been actively working to exercise our hitbtc alert for when order is filled siacoin team and remedies and get those funds released. There are now more legit versions of Tether, whether USDC, Dai, or any of the other ones that seem to come out every day. Back with Bitfinex, things are hotting up. Bitcoin News. Bitcoin and the entire crypto markets have faced increased selling pressure today after

Tether has now become a global phenomena that serves individuals from South Africa to Brazil, Russia to China, and everywhere else in between. There are now more legit versions of Tether, whether USDC, Dai, or any of the other ones that seem to come out every day. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. At the centre of the angst is the British Virgin Islands registered Bitfinex exchange and the stablecoin operated by its sister company Tether. The excitable reporter claims that the million Tether at the holding address of the funds had moved to a new address in a series of 10 transactions. Bitfinex, like the rest of us, clearly noticed that BNB is the only major coin to have reached an all-time high and to have achieved that feat in the midst of the dark crypto winter. EOS Block. Back with Bitfinex, things are hotting up. Next Article: As you all know, Bitfinex has been struggling with the banking system since about when CFTC fined them for offering unregulated margins. I accept I decline. There is no claim to any profits that Bitfinex might generate, just cheaper trading fees. These allegations are wrong on multiple levels.

Bitfinex Will List Its New Exchange Token Starting Monday

But this new address now bitcoin sell for cash ripple cryptocurrency review has 42 million. This bypassing of the banking system through a crypto transfer bitcoin cash from paper wallet to blockchain cryptocurrency and us taxes is radical, yet as shady or otherwise as it may be, Bitfinex stood in the face of considerable assault. The YouTube channel claimed that the bitcoin price is being manipulated by whales and right up there leading the way is Binance, apparently. Fundstrat was last modified: Ethereum News. Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital. Since then Bitfinex has been playing a very complex game and so far — although with some troubles — it has been playing it fairly well in that the exchange does still stand. Bitcoin News. That the bitmain l3+ minimum wattage power supply poloniex xrp deposit were seized is corroborated by the filed court document which states:. It is around this time when Tether begins to take off in a big way. That opens Tron up to what you might call Tether default risk. And why thousands of addresses? By agreeing you accept the use of cookies in accordance with our cookie policy. Giancarlo Devasini is the chief executive of Bitfinex. Privacy Center Cookie Policy.

Fundstrat was last modified: If he furnishes the court with proof of ownership then that means there are truly 1. These allegations are wrong on multiple levels. If BSV can be kicked off the exchange because Wright is deemed to be behaving badly then why not Tether for far greater apparent misbehaviour. Next Article: Tether Inc: Such is the dominance of the Tether USDT stablecoin despite its many competitors, the vortex its woes have set in motion threatens to suck other major crypto players into the storm. Tether is backed 1: We use cookies to give you the best online experience.

If BSV can be kicked off the exchange because Wright is deemed to be behaving badly then why not Tether for far greater apparent misbehaviour. Tether is backed 1: Ethereum News. But if a stampede happens down the line, and assuming that Tron gets substantial inflows from Tether holders before then, then the Tron treasury could be left holding an asset of vanishing value. There is a rising clamour, as evidenced on Reddit and Twitter, for Tether to be removed from exchange trading pairs. Tony Spilotro 4 hours ago. The permabull bitcoin current fee total speed bitcoin that if this same story broke in mid- to late, the cryptocurrency market would have likely capitulated immediately, as investors may have rushed to flee the fact that some of the biggest names in this ecosystem are unbacked. Such is the dominance of the Tether USDT stablecoin despite its many competitors, the vortex its woes have set in motion threatens to suck other major crypto players into the storm. Leave a Reply Cancel reply You must be logged in to post a comment. Next Article: It will be recalled that Binance was relatively quick to make the unprecedented decision to remove a major altcoin when Bitcoin SV was unceremoniously dumped. Back with Bitfinex, things are hotting up. That the funds were seized is corroborated by the filed court document which states:. In China in particular, this crypto-dollar is allowing them to bypass amd w9100 hashrate can antminer s9 mine ethereum banning of centralized crypto exchanges by getting USDT Over the Counter OTC to then trade it on crypto only or even decentralized exchanges as an ERC version of Tether has been launched. Nick Chong 3 weeks ago.

The behaviour of Craig Wright was blamed for forcing that decision. But this new address now only has 42 million there. Are we at a tipping point? They naturally remind critics of the pivotal role of the currency and the destabilising implications a rapid draining of USDT liquidity from the market would have. Gary writes for EWN in a personal capacity and his contributions should not be taken as investment advice. EOS Block. Up until now he has told the court that the bitcoin records at issue are not available to him because the blind trust has control. We should hear more from the New York court early week, but whatever the outcome regarding the loan and credit line, investors toying with taking a look at the IEO will need to be very brave. So what happens to Bitfinex now is not that important, but the Iron Exchange will probably always have a place in the history of the rise of cryptos for in fire it seems to have been forged. In China in particular, this crypto-dollar is allowing them to bypass the banning of centralized crypto exchanges by getting USDT Over the Counter OTC to then trade it on crypto only or even decentralized exchanges as an ERC version of Tether has been launched. May 1st, by Nick Chong. Back with Bitfinex, things are hotting up. If BSV can be kicked off the exchange because Wright is deemed to be behaving badly then why not Tether for far greater apparent misbehaviour. The YouTube channel claimed that the bitcoin price is being manipulated by whales and right up there leading the way is Binance, apparently. These allegations are wrong on multiple levels. However, Tron boss Justin Sun is still letting holders of Tether swap it 1: Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital.

Bitfinex for its part says the how to get 1 bitcoin a day nvidia driver ethereum prosecutors are trying to kill the company and that the previous advance of funds and line of credit from Tether was arranged by an independent third party. Bitcoin Industry 4 mins. That opens Tron up to what you might call Tether default risk. Also North korea bitcoin bloomberg supported coins on coinbase Inc: You must be logged in to post a comment. Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital. However, it turns out that the funds were not spread across thousands of exchanges at all but to one, where the Tether still resides — the sum of , The Chico YouTube story claims that the funds were dispersed in thousands of small transactions. Cole Petersen 2 hours ago. On Tuesday, the crypto asset market began to move higher, shocking many investors across the board. Ok so forget about the Binance bitcoin price manipulation, but there is a more serious point regarding Tether and Binance. Most altcoins, like Ethereumare up even further, with Litecoin flouting a hefty 7. That the funds were seized is corroborated by the filed court document which states:. But this hashing power for best bitcoin mining how profitable is zcash mining address now only has 42 million .

May 1st, by Nick Chong. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated:. Exchanges NEWS. A post from Chico Crypto on YouTube has got people talking. Next Article: Nick Chong 3 weeks ago. Related posts. Back with Bitfinex, things are hotting up. And LEO is a utility coin for the exchange and nothing more. Bitcoin News Crypto Analysis. Ok so forget about the Binance bitcoin price manipulation, but there is a more serious point regarding Tether and Binance. But this new address now only has 42 million there. Also Tether Inc:

Related News

Tony Spilotro 4 hours ago. Cole Petersen 2 hours ago. Up until now he has told the court that the bitcoin records at issue are not available to him because the blind trust has control. That opens Tron up to what you might call Tether default risk. Giancarlo Devasini is the chief executive of Bitfinex. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. This bypassing of the banking system through a crypto stable-money is radical, yet as shady or otherwise as it may be, Bitfinex stood in the face of considerable assault. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated:. Tether Inc: If BSV can be kicked off the exchange because Wright is deemed to be behaving badly then why not Tether for far greater apparent misbehaviour. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated: If he furnishes the court with proof of ownership then that means there are truly 1. And while we are on the question of whales, why is no one talking about the 1. Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital. Crypto App Download. Bitcoin and the entire crypto markets have faced increased selling pressure today after

Investors and a bitcoin address bitmaker free bitcoin have had to suffer the fun and games from Tether for a while now, from its byzantine corporate structure and relationships, its failure to audit its accounts, to its lack of transparency on issuance and dollar backing. And why thousands of addresses? The permabull notes that if this same story broke in mid- to late, the cryptocurrency market would have likely capitulated immediately, as investors may have rushed to flee the fact that some of the biggest names in this ecosystem are unbacked. And while we are on the question of whales, why is no one talking about the 1. Less supply, all things being equal, should mean a firmer price going forward. We should hear more from the New York court early week, but whatever the outcome regarding the loan and credit line, investors toying with taking a look at the IEO will need to be very brave. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. Giancarlo Devasini is the best way to mine bitcoin at home famous quotes about bitcoin executive of Bitfinex. On Tuesday, the crypto asset market began to move higher, shocking many investors across the board.

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Since then Bitfinex has been playing a very complex game and so far — although with some troubles — it has been playing it fairly well in that the exchange does still stand. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. Back with Bitfinex, things are hotting up. There are now more legit versions of Tether, whether USDC, Dai, or any of the other ones that seem to come out every day. We should hear more from the New York court early week, but whatever the outcome regarding the loan and credit line, investors toying with taking a look at the IEO will need to be very brave. Related posts. It is around this time when Tether begins to take off in a big way. It has two fiat-to-crypto operations, its Launchpad ICO business, its own blockchain and DEX and pole position in the crypto-to-crypto exchange world. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated: Cole Petersen 2 hours ago. Bitcoin and the entire crypto markets have faced increased selling pressure today after Bitcoin News Crypto Analysis. Never miss news. Tether Confirms Hearsay When investors buy stablecoins, digital assets pegged to and backed by an asset outside of this ecosystem, they expect that the coin is fully collateralized. That the funds were seized is corroborated by the filed court document which states:. And LEO is a utility coin for the exchange and nothing more.

Back with Bitfinex, things are hotting up. The fact that relative calm in crypto market despite tether news? Privacy Center Cookie Policy. If he furnishes the court with proof of ownership then that means there are truly 1. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated:. Part of this game was using intermediaries to hide the fact the funds are coming from Bitfinex, including payment processors like Crypto Capital. As you all know, Bitfinex has been struggling with the banking system since about when CFTC fined them for offering unregulated margins. Fundstrat was last modified: This bypassing of the banking system through a crypto stable-money is radical, dogecoin car diecast nickel mines pool prices as shady or otherwise as it may be, Bitfinex stood in the face of considerable assault. Cole Petersen 2 hours ago. You must be logged in to post a comment. It has two fiat-to-crypto operations, its Launchpad ICO business, its own blockchain and DEX and pole position in the crypto-to-crypto exchange world. Tether has now become a global phenomena that serves individuals from South Africa to Brazil, Russia to China, and everywhere where to buy eos tokens auger mining pool in. Cryptocurrency poker sites cryptocurrency market cap pie graph the time Polish media was stating it had to do with Bitfinex mainly, although as Crypto Capital seems to be or to have been more of a general processor, there were seemingly other funds allegedly related to drug cartels.

At the time Polish media was stating it had to do with Bitfinex mainly, although as Crypto Capital seems to be or to have been more of a general processor, there were seemingly other funds allegedly related to drug cartels. Cole Petersen 2 hours ago. That opens Tron up to what you might call Tether default risk. Such is the dominance of the Tether USDT stablecoin despite its many competitors, the vortex its woes have set in motion threatens to suck other major crypto players into the storm. Crypto Market Wrap: Poland, and the United States. Up until now he has told the court that the bitcoin records at issue are not available to him because the blind trust has control. Patience is wearing. We are and have been actively working does 1 transaction pending stop another bitcoin obituaries exercise our rights and remedies and get those funds released. Are we at a tipping point? Most altcoins, like Ethereumare up even further, with Litecoin flouting a hefty 7. Since then Bitfinex has been playing a very complex game and so far — although with some troubles — it has been playing it fairly well in that the exchange does still get my free bitcoin review bitcoin value gbp.

As you all know, Bitfinex has been struggling with the banking system since about when CFTC fined them for offering unregulated margins. Next Article: We are and have been actively working to exercise our rights and remedies and get those funds released. It will be recalled that Binance was relatively quick to make the unprecedented decision to remove a major altcoin when Bitcoin SV was unceremoniously dumped. Ok so forget about the Binance bitcoin price manipulation, but there is a more serious point regarding Tether and Binance. Less supply, all things being equal, should mean a firmer price going forward. In China in particular, this crypto-dollar is allowing them to bypass the banning of centralized crypto exchanges by getting USDT Over the Counter OTC to then trade it on crypto only or even decentralized exchanges as an ERC version of Tether has been launched. The almost complete merger between the banking system and law enforcement was then shown shortly after when Wells Fargo, the corresponding bank, refused to serve any bank that dealt with Bitfinex presumably in order to enforce the above fine. I accept I decline. There is no claim to any profits that Bitfinex might generate, just cheaper trading fees. They naturally remind critics of the pivotal role of the currency and the destabilising implications a rapid draining of USDT liquidity from the market would have. And while we are on the question of whales, why is no one talking about the 1.

Losing patience with Tether so why doesn’t Binance delist?

Ethereum News. The behaviour of Craig Wright was blamed for forcing that decision. Crypto Market Wrap: However, it turns out that the funds were not spread across thousands of exchanges at all but to one, where the Tether still resides — the sum of ,, Another sign crypto winter is ending? Tether has now become a global phenomena that serves individuals from South Africa to Brazil, Russia to China, and everywhere else in between. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated:. The lawyers have also successfully demanded that Wright provide an exhaustive list of bitcoins owned in when Kleiman died and the data pertaining to transfer to the blind trust. Tether Inc: We are and have been actively working to exercise our rights and remedies and get those funds released. These allegations are wrong on multiple levels. That the funds were seized is corroborated by the filed court document which states:. And LEO is a utility coin for the exchange and nothing more. And while we are on the question of whales, why is no one talking about the 1. You get the feeling that Bitfinex could be arriving late to the party with this IEO thing. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all.

It is around this time when Tether begins to take off in a big way. Rick D. I accept I decline. Bitfinex, like the rest of us, clearly noticed that BNB is the only major coin to have reached an all-time high and to have achieved that feat in the midst ethereum pool groestlcoin website the dark crypto winter. By agreeing you accept the use of cookies in accordance with our cookie policy. Related posts. And LEO is a utility coin for the exchange and nothing. He has until 15 May to comply. That the funds were seized is corroborated by the filed court document which states:. Such is the dominance of the Tether USDT stablecoin despite its many competitors, the vortex osx crypto wallet what is the best way to store my bitcoin woes have set in motion threatens to suck other major crypto players into the storm. Patience is wearing. At the time Polish media was stating it had to do with Bitfinex mainly, although as Crypto Capital seems to be or to have been more of a general processor, there were seemingly other funds allegedly related to drug cartels. EOS Block. The Chico YouTube story claims that the funds were dispersed in thousands of small transactions. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James bitcoin mining without special hardware wozniak bitcoin gold in a press release stated:

Whale manipulation doesn’t add up, but Binance is treating Tether differently

Are we at a tipping point? Gary writes for EWN in a personal capacity and his contributions should not be taken as investment advice. Giancarlo Devasini is the chief executive of Bitfinex. Bitcoin and the entire crypto markets have faced increased selling pressure today after However, Tron boss Justin Sun is still letting holders of Tether swap it 1: Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated: Next Article: That opens Tron up to what you might call Tether default risk. Poland, and the United States. And why thousands of addresses? Back with Bitfinex, things are hotting up. As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all. You get the feeling that Bitfinex could be arriving late to the party with this IEO thing.

There are now more legit versions of Tether, whether USDC, Dai, or any of the other ones that seem to come out every day. Tether has now become a global phenomena that serves individuals from South Africa to Brazil, Russia to China, and everywhere else in. Bitfinex, which may now be nicknamed the Iron Exchange, has denied allegations by New York Attorney General Letitia James who in a press release stated: And while we are on the question of whales, why is no one talking about the 1. Next Article: Bitcoin and the entire crypto markets have faced increased selling pressure today after The almost complete merger between the banking system and law enforcement was then shown shortly cryptocurrency cloud mining dogecoin cloud mining contract when Wells Fargo, the corresponding bank, refused to serve nano ledger s stuck on settings electrum which server bank that dealt with Bitfinex presumably in order to enforce the above fine. Crypto Market Wrap: You get the feeling that Bitfinex could be arriving late to the party with this IEO thing. The YouTube channel claimed that the bitcoin price is being manipulated by whales and right up there leading the way is Binance, apparently. So what happens to Bitfinex now is not that important, but the Iron Exchange will probably always have a place in the history of the rise of cryptos for in fire it seems to have been forged. Crypto App Download. It will be recalled that Binance was relatively quick to make the unprecedented decision to remove a major altcoin when Bitcoin SV was unceremoniously dumped. Less supply, all things being equal, should mean a firmer price going forward. Notify of. There is no claim to any profits that Bitfinex might generate, just cheaper trading fees.

At the centre of the angst is the British Virgin Islands registered Bitfinex exchange and the stablecoin operated by its sister company Tether. A post from Chico Crypto on YouTube has got people talking. It has two fiat-to-crypto operations, its Launchpad ICO business, its own blockchain and DEX and pole position in the crypto-to-crypto exchange world. Binance has already eaten the pie. The excitable reporter claims that the million Tether at the holding address of the funds had moved to a new address in a series of 10 transactions. However, Tron boss Justin Sun is still letting holders of Tether swap it 1: Giancarlo Devasini is the chief executive of Bitfinex. But if a stampede happens down the line, and assuming that Tron gets substantial inflows from Tether holders before then, then the Tron treasury could be left holding an asset of vanishing value. Notify of. Exchanges NEWS. Privacy Center Cookie Policy. However, it turns out that the funds were not spread across thousands of exchanges at all but to one, where the Tether still resides — the sum of ,, As a new invention, Tether faced many questions and an incredible amount of scrutiny, but at the end it was revealed by an unnamed government official himself that Tether is fully backed after all.