So we can probably guess what day Bitfinex decided to stop cooperating with the New York Attorney General and instead perform another pump and dump.

Sorry you can’t withdraw any of your funds right now, but, hey, you can win a football shirt. That’s gotta numb the pain, right?

To all the noobs who joined the FOMO party, welcome to crypto.

So basically, Tether has been a bunch of liars all along. The Judge even says it. There is no reserve! Which is exactly what I have been telling everyone all along. Guess what happens to the price of Bitcoin, if Tether stops buying Bitcoins with customers funds?

This has been an amazing ride, and it's not even over yet. It's an interesting feeling that after years of denial by Bitfinex & Tether, they actually admit in court to 'investing' in Bitcoin with reserves. Just wait till we find out exactly how many Bitcoins they bought.

As long as Tether’s printing 74% backed money, it’s safe to go all in on Bitcoin. This is financial advice.

Totally organic demand...no manipulation or fraud here!

Ruh-roh.

ThisisFine.gif

A $600 fraud pump on the incorrect news that Tether had printed $5B.

Tether market cap vs the price of Bitcoin. Maybe it’s just a coincidence?

bitfinex.com/posts/402 Tfw you know the net is closing in on you.

🙋🏼‍♂️🙋🏼‍♂️🙋🏼‍♂️

youtu.be/aAUtXQ6FmxE

BMA LLC v. BitMEX

I had a nice chat with the Tether CEO about their current situation. He showed me multiple bank statements, as well as letters from banks and lawyers. I'm sure that all the withdrawal problems at Tether are being caused by the traditional banking system.

Tether’s ultimate goal is to have a larger balance sheet than the US Fed.