I don’t know precisely what tiger iFinex and Tether are riding, but it clearly has teeth.
“Working on a Stock-to-Flow model for scarce nuclear waste as a Store of Value. Just need Tether to pump me now and an exchange to list it.”
And Decrypt is running an excerpt from Libra Shrugged.
“I’m going to put a lot of money into three card monte. Everyone I watch who plays it wins: it’s a sure bet.”
If you were having problems getting your head around this case, this is a good and useful summary. Plus — iFinex’s response!
“Respondents’ contention that this proceeding should be dismissed because Petitioner failed to properly serve the April 24 Order is meritless.” This correctly translates as “don’t waste my time.”
How to get through Bitfinex’s bulletproof Know Your Customer process — click the “Not a US Resident” button.
iFinex needs to deny that 2+2=4. Their strategy is to deny the existence of 2 and 2, and cast doubt on the concept of addition.
Waiting all day for these documents to drop, furiously hitting F5 — and iFinex got them in right on the dot of 5:30pm New York time.