Tether printer go brrrrr — cryptocurrency’s substitute dollar problem
I don’t know precisely what tiger iFinex and Tether are riding, but it clearly has teeth.
Tag: ifinex
News: Tether TO THE MOON, Bitcoin over 40,000 USDT, more Ripple fallout
“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.”
News: Bitcoin goes up, Reggie Fowler’s lawyers quit, Pokémon, ancaps buy a plague ship
And Decrypt is running an excerpt from Libra Shrugged.
News: stupid DeFi tricks, Tether doesn’t have the documents for NYAG, Craig Wright loses again
“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.”
New York’s problem with Tether — as set out for the appeal judges
If you were having problems getting your head around this case, this is a good and useful summary. Plus — iFinex’s response!
New York v. Bitfinex — “Fundamentally, Respondents misperceive the respective roles of the Attorney General and the Court.”
“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.”
News: IOTA blackmail, Coinbase banking and lawsuit, ezBtc vanishes, Ross Ulbricht appeal fails, Wright motion denied, Butterfly Labs, TimiHealth
“I mean at a certain point as a lawyer you have to have a one word conversation with your client — ‘no.'”
News: Bitfinex/Tether v. New York, Facebook-only Libra, Justin Sun, IRS letters, unbanking the banked
How to get through Bitfinex’s bulletproof Know Your Customer process — click the “Not a US Resident” button.
Bitfinex and Tether tell the New York AG they have nothing to do with New York
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.
Bitfinex/Tether response to NY AG — quick Twitter thread
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.