Tether Bombshell Crashes Bitcoin & Crypto Markets – Right here's What You Want To Know

A courtroom case in New York reveals that Tether has been as much as no good once more, the information despatched waves of panic by means of the markets, however what truly occurred?

After recording Bitfinex posted their rebuttal, you'll be able to learn right here https://bitcoinist.com/bitfinex-tethere-850-million-nydfs/

Sources
https://www.bloomberg.com/crypto

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

TETHER IS A MESS: Incomplete Audits, Lack Of Transparency, Questionable Banking Jurisdictions; Red Flags Abound For Beleaguered Stablecoin

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48 Comments

  • RECOMMENDED EXCHANGES & WALLETS

    GET FREE CRYPTO

    ABRA – GET $25 IN BTC – (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR

    COINBASE – GET $10 Free Bitcoin on sign up! https://bit.ly/2zqeVfV

    LIQUID – GET $10 FREE QASH (verify & make $100 trade) – https://www.liquid.com?affiliate=Gtrf6wJG586147

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    CERTIFIED CRYPTOCURRENCY BROKERAGE

    CALEB & BROWN – Brokerage – Trade OTC like the big guys https://bit.ly/2Feq8F6

    TAKE YOUR SECURITY SERIOUSLY – GET A HARDWARE WALLET

    LEDGER NANO https://www.ledgerwallet.com/r/6877

    TREZOR – https://shop.trezor.io?a=Aw902Rsted

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  • Tether is using customer deposits at iFinex to fund tether to lend to iFinex. It's a house of cards.

  • This isn't true. The tether news didn't crash the market. The market took a dip. That's not a crash

  • Lark, will bitfinex close down and take market down with it?

  • Excellente ta vidéo !
    PS : Si toi aussi tu t'intéresses à la création d'entreprise, à la liberté financière ou au business en général, jette un oeil à ma chaîne, je vais y mettre tout ce que je sais, ainsi que mes résultats très prochainement 🙂

  • Thanks C Lark.. what about Stellar. recently coinbase and blockchain.wallet are giving out stellar in exchange for promoting it and ID verification… are they part of this BigBrother intrusion on open source.

  • I think it's time for me to check out your stable coin video. Looking for the best alternative to Tether. I don't use stable coins but you know, just in case!

  • Obligatory comment 🙌🏻💚

  • Like the bearish shirt

  • what no one is saying is why the money was seized and what gave the government the right to seize this money? Fighting Civil forfeiture from corrupt governments is my number once reason for supporting crypto.

  • This is not just copy paste news
    I swear that in every vid with The crytpo Lark there is something to learn. Listen carefully !

  • Hello crypto lark!!
    love your channel!!

    Hoping you could give me your thoughts on a way to store crypto for two parties in one place

    I want to partner with a friend with crypto investments and would like to keep it transparent as well as two signatures to access maybe..?
    Any ideas would be helpful

  • News gets better by the day. 🙄 Hopefully all these cowboys are out the space before the masses decide to invest.

  • Man, who can see people losing $100's of millions through this scam? This is not the time to be taking big risks with your money. The collapse is drawing nearer every day.

  • Do you hold tether ?

  • 8 dislikes……..from tether…

  • Tell them the truth Lark, new people in the community need to stay awake…

  • Whats happening to bitfinex has happened to Mt. Gox and Quadrigacx. The bitfinex premium will rise and their insolvency worsens and then one day… poof – their website will go offline.

  • Db

    It's a great time to buy. and I never knew all that about tether.
    I only use it briefly to trade/buy alts on binance, but I won't anymore.
    it doesn't matter to me what I use for that purpose. I'm just collecting up some ETH, and other nuggets.
    you have to realize that all types of people are doing this now. I've been working hard out there in jobs for 35 years.
    and it's not over until someone or something dies and I am no more. :-0

  • The crypto community needs to come together and boycott tether.

  • trevon james and maywhether faces were all over youtube as a tyrants and for months!!! where are the faces of the tether mafias and bitfinex thieves? gringos always protect their own!!! .The amt of thieves and vagbonds did wrong in crypto icos and projects but we dont see them being posted all over and ridiculed. After a couple days is back to business as usual

  • everyone need to wake up …tether is backed by big elite institutions behind the curtains…. bet anyone people like jp motrgan goldman sachs and others as such… The real faces of tether are not those dummies ceos we see on youtube…they are the puppets

  • I wouldn’t call this FUD USDT is tied to every major exchange if tether goes down the whole market does. Which could send Btc to a target price of $1200

  • Q: why can't the power people in the Crypto world keep their poop together. All i see & hear is one chaos situation rolling into another, does anyone actually care about those that put the family jewels on the table. We need more Mr Larks to clean up this mess, yes it's time for the Lark to sit on the photocopier and press 1,000, Mr Lark also for President.

  • Already have coinbase? Earn $10 by learning about Stellar on the App. https://coinbase.com/earn/xlm/invite/k5rv87jb

  • Tether is the one project that we all love to hate. Just fun to read about and watch about. No matter if its good or bad. In general we find them just so entertaining. With all the interesting things going on. Again, Wild West here we come. Zorro would be proud Thanks for sharing Sincerely JR

  • When or at what date is this bitfinex tether case at court??

  • Tether news aint that shocking really we all know something has been going on

  • Portuguese?

  • How is any of this a shock? Tether was always dodgy, so was BitFinex. Honestly, this shouldn't even make the news let alone crash the market. Shows how many sheep/noobs/teenagers etc are involved in this market.

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